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Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internatio...
The following section summarizes insights on Hongkong Land Holdings Limited's Days Inventory Outstanding:
We've identified the following companies as similar to Hongkong Land Holdings Limited because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
Data is returned in days. Please note, you need a Premium subscription to access data for days_inventory_out.
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Metrics similar to Days Inventory Outstanding in the efficiency category include:
Days Inventory Outstanding is defined as:
Average Inventory
(/) Cost of Sales
(x) 365
(=) Days Inventory Outstanding
Days Inventory Outstanding for Hongkong Land is calculated as follows:
Average Inventory [ ($2.36 B + $2.926 B) / 2 ]
(/) Cost of Sales [ $1.265 B ]
(x) 365
(=) Days Inventory Outstanding [ 762 days ]
Days Inventory Outstanding is a ratio that indicates how many days it takes a company to turn its inventory into sales. Similar to the Days Sales Outstanding ratio, a company would prefer to have a low DIO. The ratio essentially illustrates how long it takes the company to convert raw materials into cash. The sooner a company can convert to cash, the sooner it can use that cash to reinvest in the business and therefore, generate more sales.
Read more about cash conversion cycle, days sales outstanding, and days payables outstanding
The chart above depicts the distribution of days inventory outstanding for companies operating in the Real Estate sector in the Developing economic region. Over 1,180 companies were considered in this analysis, and 772 had meaningful values. The average days inventory outstanding of companies in the sector is 711 days with a standard deviation of 816 days.
Hongkong Land Holdings Limited's Days Inventory Outstanding of 762 days ranks in the 61.6% percentile for the sector. The following table provides additional summary stats:
| Economic Risk Region | Developing |
| Total Constituents | 1,183 |
| Included Constituents | 772 |
| Min | 0 days |
| Max | 3,561 days |
| Median | 489 days |
| Mean | 711 days |
| Standard Deviation | 816 days |
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