Goldlion Holdings (HKSE:00533) Days Inventory : 340.81 (As of Dec. 2023)

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What is Goldlion Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Goldlion Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$562 Mil. Goldlion Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$301 Mil. Hence, Goldlion Holdings's Days Inventory for the six months ended in Dec. 2023 was 340.81.

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

HKSE:00533' s Days Inventory Range Over the Past 10 Years
Min: 124.86 Med: 149.13 Max: 614.4
Current: 445.12

During the past 13 years, Goldlion Holdings's highest Days Inventory was 614.40. The lowest was 124.86. And the median was 149.13.

HKSE:00533's Days Inventory is ranked worse than
95.05% of 1011 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.14 vs HKSE:00533: 445.12

Goldlion Holdings's Days Inventory increased from Dec. 2022 (262.72) to Dec. 2023 (340.81). It might indicate that Goldlion Holdings's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goldlion Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.54.

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. Goldlion Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.84.

Goldlion Holdings Days Inventory Historical Data

The historical data trend for Goldlion 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.

Goldlion Holdings Days Inventory Chart

Goldlion Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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124.86

142.21

127.63

330.12

614.40

Goldlion Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															105.43	134.90	262.72	382.21	340.81

Competitive Comparison of Goldlion Holdings's Days Inventory

For the Apparel Manufacturing subindustry, Goldlion 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.

Goldlion Holdings's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Goldlion Holdings's Days Inventory distribution charts can be found below:

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

Goldlion Holdings Days Inventory Calculation

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

Goldlion 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
=	( (972.516	+	956.329)	/	2 )	/	572.941	*	365
=	964.4225					/	572.941	*	365
=	614.40

Goldlion 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
=	( (167.254	+	956.329)	/	2 )	/	300.832	*	365 / 2
=	561.7915					/	300.832	*	365 / 2
=	340.81

Goldlion Holdings (HKSE:00533) 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.

Goldlion Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	300.832	/	561.7915
	=	0.54

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.

Goldlion Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	561.7915	/	670.22
	=	0.84

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.

Goldlion Holdings Days Inventory Related Terms

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

Goldlion Holdings (HKSE:00533) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Goldlion Holdings Ltd (HKSE:00533) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GLH:Germany

Address

7th Floor, Goldlion Holdings Centre, 13-15 Yuen Shun Circuit, Siu Lek Yuenv, Shatin, New Territories, Hong Kong, HKG

Website

https://www.goldlion.com

Goldlion Holdings Ltd through its subsidiaries is engaged in the distribution and manufacturing of garments, leather goods, and accessories in China, Hong Kong, Singapore, and Malaysia. It has three reportable segments: Apparel in China Mainland and Hong Kong SAR - Distribution and Manufacturing of Garments, leather goods and accessories and licensing of brand name in China Mainland and Hong Kong SAR; Apparel in Singapore - Distribution and manufacturing of garments, leather goods and accessories in Singapore; and Property investment and development - Investment in and development of properties in China Mainland and Hong Kong SAR and Singapore.

Executives

Tsang Chi Ming Ricky
Fmr Llc	2201 Interest of corporation controlled by you
Wong Lei Kuan
Tsang Hin Chi Charities (management) Limited	2301 Trustee

Goldlion Holdings (HKSE:00533) Headlines

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