GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Enterprise Co Ltd (SHSE:600675) » Definitions » Days Inventory

China Enterprise Co (SHSE:600675) Days Inventory : 6,662.14 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is China Enterprise Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Enterprise Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥26,999 Mil. China Enterprise Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥370 Mil. Hence, China Enterprise Co's Days Inventory for the three months ended in Mar. 2024 was 6,662.14.

The historical rank and industry rank for China Enterprise Co's Days Inventory or its related term are showing as below:

SHSE:600675' s Days Inventory Range Over the Past 10 Years
Min: 794.37   Med: 1289.78   Max: 5061.62
Current: 1127.72

During the past 13 years, China Enterprise Co's highest Days Inventory was 5061.62. The lowest was 794.37. And the median was 1289.78.

SHSE:600675's Days Inventory is ranked worse than
63.83% of 1327 companies
in the Real Estate industry
Industry Median: 697.68 vs SHSE:600675: 1127.72

China Enterprise Co's Days Inventory declined from Mar. 2023 (9,214.94) to Mar. 2024 (6,662.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Enterprise Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.01.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. China Enterprise Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 58.98.


China Enterprise Co Days Inventory Historical Data

The historical data trend for China Enterprise Co's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Enterprise Co Days Inventory Chart

China Enterprise Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,352.59 1,186.59 1,371.61 5,061.62 1,226.97

China Enterprise Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,214.94 1,701.52 589.60 1,212.79 6,662.14

Competitive Comparison of China Enterprise Co's Days Inventory

For the Real Estate - Development subindustry, China Enterprise Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Enterprise Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Enterprise Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Enterprise Co's Days Inventory falls into.



China Enterprise Co Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

China Enterprise Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (34880.349 + 26975.928) / 2 ) / 9200.494*365
=30928.1385 / 9200.494*365
=1,226.97

China Enterprise Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (26975.928 + 27021.923) / 2 ) / 369.799*365 / 4
=26998.9255 / 369.799*365 / 4
=6,662.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


China Enterprise Co  (SHSE:600675) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

China Enterprise Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

China Enterprise Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=26998.9255 / 457.776
=58.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


China Enterprise Co Days Inventory Related Terms

Thank you for viewing the detailed overview of China Enterprise Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


China Enterprise Co (SHSE:600675) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Huashan Road, Shanghai, CHN, 200125
China Enterprise Co Ltd is principally engaged in the development and operation of real estate. The company provides housing renovation, housing loans, real estate brokerage, and other services. China Enterprise also provides repair services.

China Enterprise Co (SHSE:600675) Headlines

No Headlines