Lai Sun Development Co (HKSE:00488) Days Inventory : 889.71 (As of Jan. 2024)

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What is Lai Sun Development Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lai Sun Development Co's Average Total Inventories for the six months ended in Jan. 2024 was HK$9,591 Mil. Lai Sun Development Co's Cost of Goods Sold for the six months ended in Jan. 2024 was HK$1,967 Mil. Hence, Lai Sun Development Co's Days Inventory for the six months ended in Jan. 2024 was 889.71.

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

HKSE:00488' s Days Inventory Range Over the Past 10 Years
Min: 156.44 Med: 415.22 Max: 1077.56
Current: 811.26

During the past 13 years, Lai Sun Development Co's highest Days Inventory was 1077.56. The lowest was 156.44. And the median was 415.22.

HKSE:00488's Days Inventory is ranked worse than
54.59% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs HKSE:00488: 811.26

Lai Sun Development Co's Days Inventory declined from Jan. 2023 (1,350.04) to Jan. 2024 (889.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lai Sun Development Co's Inventory Turnover for the six months ended in Jan. 2024 was 0.21.

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. Lai Sun Development Co's Inventory-to-Revenue for the six months ended in Jan. 2024 was 3.16.

Lai Sun Development Co Days Inventory Historical Data

The historical data trend for Lai Sun Development 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.

Lai Sun Development Co Days Inventory Chart

Lai Sun Development Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Inventory

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325.24

813.00

755.01

1,077.56

930.43

Lai Sun Development Co Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Inventory	Get a 7-Day Free Trial															1,052.91	1,128.63	1,350.04	738.18	889.71

Competitive Comparison of Lai Sun Development Co's Days Inventory

For the Real Estate - Diversified subindustry, Lai Sun Development 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.

Lai Sun Development Co's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Lai Sun Development Co's Days Inventory falls into.

Lai Sun Development Co Days Inventory Calculation

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

Lai Sun Development Co's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

	Days Inventory (A: Jul. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (11483.542	+	9795.631)	/	2 )	/	4173.809	*	365
=	10639.5865					/	4173.809	*	365
=	930.43

Lai Sun Development Co's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jul. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (9795.631	+	9386.463)	/	2 )	/	1967.346	*	365 / 2
=	9591.047					/	1967.346	*	365 / 2
=	889.71

Lai Sun Development Co (HKSE:00488) 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.

Lai Sun Development Co's Inventory Turnover for the six months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1967.346	/	9591.047
	=	0.21

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.

Lai Sun Development Co's Inventory to Revenue for the six months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9591.047	/	3038.925
	=	3.16

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.

Lai Sun Development Co Days Inventory Related Terms

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Lai Sun Development Co (HKSE:00488) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lai Sun Development Co Ltd (HKSE:00488) » Definitions » Days Inventory

Traded in Other Exchanges

LVSDF:USA

Address

680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG

Website

https://www.laisun.com

Lai Sun Development Co Ltd is an investment holding company. The company's operating segment includes property development and sales; property investment; hotel operation; restaurant operation; media and entertainment; film and TV programs; cinema operation; theme park operation and others. The property development and sales segment is engaged in property development and the sale of properties. Geographically, it derives a majority of its revenue from Hong Kong, Mainland China and Macau.

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