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Mashonaland Holdings (XZIM:MASH.ZW) Days Inventory : 11.39 (As of Dec. 2023)


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What is Mashonaland Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mashonaland Holdings's Average Total Inventories for the six months ended in Dec. 2023 was ZWL437 Mil. Mashonaland Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was ZWL7,007 Mil. Hence, Mashonaland Holdings's Days Inventory for the six months ended in Dec. 2023 was 11.39.

The historical rank and industry rank for Mashonaland Holdings's Days Inventory or its related term are showing as below:

XZIM:MASH.ZW' s Days Inventory Range Over the Past 10 Years
Min: 7.4   Med: 254.59   Max: 771.94
Current: 27.04

During the past 6 years, Mashonaland Holdings's highest Days Inventory was 771.94. The lowest was 7.40. And the median was 254.59.

XZIM:MASH.ZW's Days Inventory is ranked better than
88.09% of 1318 companies
in the Real Estate industry
Industry Median: 699.07 vs XZIM:MASH.ZW: 27.04

Mashonaland Holdings's Days Inventory declined from Dec. 2022 (23.41) to Dec. 2023 (11.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mashonaland Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 16.02.

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. Mashonaland Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.


Mashonaland Holdings Days Inventory Historical Data

The historical data trend for Mashonaland Holdings'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.

Mashonaland Holdings Days Inventory Chart

Mashonaland Holdings Annual Data
Trend Sep12 Sep18 Sep19 Sep20 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 771.94 476.24 708.99 32.94 29.94

Mashonaland Holdings Semi-Annual Data
Mar11 Mar12 Sep12 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 799.12 138.12 23.41 57.43 11.39

Competitive Comparison of Mashonaland Holdings's Days Inventory

For the Real Estate - Development subindustry, Mashonaland Holdings'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.


Mashonaland Holdings's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Mashonaland Holdings's Days Inventory falls into.



Mashonaland Holdings Days Inventory Calculation

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

Mashonaland Holdings'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
=( (1376.71 + 285.572) / 2 ) / 10131.138*365
=831.141 / 10131.138*365
=29.94

Mashonaland Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (589.372 + 285.572) / 2 ) / 7007.016*365 / 2
=437.472 / 7007.016*365 / 2
=11.39

* 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.


Mashonaland Holdings  (XZIM:MASH.ZW) 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.

Mashonaland Holdings's Inventory Turnover for the six months ended in Dec. 2023 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.

Mashonaland Holdings's Inventory to Revenue for the six months ended in Dec. 2023 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.


Mashonaland Holdings Days Inventory Related Terms

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


Mashonaland Holdings (XZIM:MASH.ZW) Business Description

Traded in Other Exchanges
N/A
Address
77 Jason Moyo Avenue, P O Box 717, 12th Floor, ZB Life Towers, Harare, ZWE
Mashonaland Holdings Ltd operates in the property investment and development business. Its property portfolio is distributed across the office, retail, industrial, residential, and health sector. It has four reportable segments which consist of the Office Segment; Industrial Segment; Pure Retail; and others. It generates the majority of its revenue from the Office Segment. The business activities of the group are carried out throughout the region of Zimbabwe.

Mashonaland Holdings (XZIM:MASH.ZW) Headlines

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