Days Inventory is also known as Days Sales of Inventory (DSI). China Lilang's Average Total Inventories for the
six
months ended in Dec. 2023 was HK$885 Mil. China Lilang's Cost of Goods Sold for the
six
months ended in Dec. 2023 was HK$1,223 Mil.
Hence, China Lilang's Days Inventory for the
six
months ended in Dec. 2023 was 132.05.
The historical rank and industry rank for China Lilang's Days Inventory or its related term are showing as below:
HKSE:01234'
s Days Inventory Range Over the Past 10 Years
Min: 65.02 Med: 105.3 Max: 204.32
Current: 167.05
During the past 13 years, China Lilang's highest Days Inventory was 204.32. The lowest was 65.02. And the median was 105.30.
HKSE:01234's Days Inventory is ranked worse than 62.75% of 1012
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.41
vs HKSE:01234: 167.05
China Lilang's Days Inventory
declined
from Dec. 2022 (168.40) to Dec. 2023 (132.05).
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Lilang's Inventory Turnover for the
six
months ended in Dec. 2023 was 1.38.
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.
China Lilang's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.39.
China Lilang Days Inventory Historical Data
The historical data trend for China Lilang'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.
Competitive Comparison of China Lilang's Days Inventory
For the Apparel Manufacturing subindustry, China Lilang'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.
China Lilang's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Lilang's Days Inventory distribution charts can be found below:
* The bar in red indicates where China Lilang's Days Inventory falls into.
China Lilang Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
China Lilang's Days Inventory for the fiscal year that 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.
China Lilang (HKSE:01234) 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.
China Lilang'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.
China Lilang'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.
China Lilang Days Inventory Related Terms
Thank you for viewing the detailed overview of China Lilang's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
China Lilang Ltd manufactures business and casual menswear apparel, with roughly two thirds of revenue coming from tops. China Lilang sells its products under the Lilanz brand, which generates the vast majority of the company's revenue, and the L2 brand. All the company's sales are made in China. China Lilang wholesales its products to distributors who operate thousands of Lilanz-branded and L2-branded retail stores. China Lilang also has two self-operated flagship retail stores and sells its products through its own and third-party e-commerce platforms.
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