GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Langold Real Estate Co Ltd (SZSE:002305) » Definitions » Days Inventory

Langold Real Estate Co (SZSE:002305) Days Inventory : 3,662.85 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Langold Real Estate Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Langold Real Estate Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥12,622 Mil. Langold Real Estate Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥314 Mil. Hence, Langold Real Estate Co's Days Inventory for the three months ended in Mar. 2024 was 3,662.85.

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

SZSE:002305' s Days Inventory Range Over the Past 10 Years
Min: 641.61   Med: 1812.32   Max: 2986.79
Current: 2758.74

During the past 13 years, Langold Real Estate Co's highest Days Inventory was 2986.79. The lowest was 641.61. And the median was 1812.32.

SZSE:002305's Days Inventory is ranked worse than
84.35% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs SZSE:002305: 2758.74

Langold Real Estate Co's Days Inventory declined from Mar. 2023 (6,807.81) to Mar. 2024 (3,662.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. Langold Real Estate Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.02.

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. Langold Real Estate Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 65.12.


Langold Real Estate Co Days Inventory Historical Data

The historical data trend for Langold Real Estate 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.

Langold Real Estate Co Days Inventory Chart

Langold Real Estate 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 1,134.06 1,769.01 1,849.76 641.61 2,986.79

Langold Real Estate 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 6,807.81 2,502.37 4,212.93 1,907.52 3,662.85

Competitive Comparison of Langold Real Estate Co's Days Inventory

For the Real Estate - Development subindustry, Langold Real Estate 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.


Langold Real Estate Co's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Langold Real Estate Co's Days Inventory falls into.



Langold Real Estate Co Days Inventory Calculation

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

Langold Real Estate 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
=( (13677.282 + 13188.136) / 2 ) / 1641.542*365
=13432.709 / 1641.542*365
=2,986.79

Langold Real Estate 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
=( (13188.136 + 12055.06) / 2 ) / 314.433*365 / 4
=12621.598 / 314.433*365 / 4
=3,662.85

* 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.


Langold Real Estate Co  (SZSE:002305) 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.

Langold Real Estate 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.

Langold Real Estate Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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.


Langold Real Estate Co Days Inventory Related Terms

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


Langold Real Estate Co (SZSE:002305) Business Description

Traded in Other Exchanges
N/A
Address
No. 202, Hualin Road, Yuhualin Center, Wuchang District, Wuhan, CHN, 430060
Langold Real Estate Co Ltd is engaged in real estate development. The product line of the company includes pan Yue mall, southland center, pan Yue city plaza, Hankou city square, Wuhan pan yue center, and Nanjing pan yue center.
Executives
Xiong Yu Jing Executives
Zhang Jun Executives
Li Jun Executives
Xiao Xin Qiao Executives
Li Ya Dan Director
Tan Yong Zhong Directors, executives
Tang Wei Securities Affairs Representative
Xu Xiao Ming Director
Wang Chang Wen Director
Ning Chao Executives
Gao Qiu Hong Directors, executives
Xia Jin Director
Pei Xiao Zheng Director
Wang Yi He Directors, executives

Langold Real Estate Co (SZSE:002305) Headlines

No Headlines