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Lever Style (HKSE:01346) Days Inventory : 39.11 (As of Dec. 2023)


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What is Lever Style Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lever Style's Average Total Inventories for the six months ended in Dec. 2023 was HK$128 Mil. Lever Style's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$596 Mil. Hence, Lever Style's Days Inventory for the six months ended in Dec. 2023 was 39.11.

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

HKSE:01346' s Days Inventory Range Over the Past 10 Years
Min: 37.7   Med: 65.12   Max: 79.78
Current: 38.53

During the past 8 years, Lever Style's highest Days Inventory was 79.78. The lowest was 37.70. And the median was 65.12.

HKSE:01346's Days Inventory is ranked better than
90.12% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.41 vs HKSE:01346: 38.53

Lever Style's Days Inventory declined from Dec. 2022 (39.59) to Dec. 2023 (39.11).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lever Style's Inventory Turnover for the six months ended in Dec. 2023 was 4.67.

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. Lever Style's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.15.


Lever Style Days Inventory Historical Data

The historical data trend for Lever Style'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.

Lever Style Days Inventory Chart

Lever Style Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 61.36 77.03 57.42 41.01 37.70

Lever Style Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 53.76 55.72 39.59 38.83 39.11

Competitive Comparison of Lever Style's Days Inventory

For the Apparel Manufacturing subindustry, Lever Style'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.


Lever Style's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Lever Style's Days Inventory falls into.



Lever Style Days Inventory Calculation

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

Lever Style'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
=( (112.608 + 127.214) / 2 ) / 1160.896*365
=119.911 / 1160.896*365
=37.70

Lever Style'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
=( (128.383 + 127.214) / 2 ) / 596.317*365 / 2
=127.7985 / 596.317*365 / 2
=39.11

* 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.


Lever Style  (HKSE:01346) 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.

Lever Style'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.

Lever Style'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.


Lever Style Days Inventory Related Terms

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


Lever Style (HKSE:01346) Business Description

Traded in Other Exchanges
N/A
Address
12 Hing Yip Street, Wing Tai Centre, 7th Floor, Room 76, Flat A, Kwun Tong, Kowloon, Hong Kong, HKG
Lever Style Corp engages in apparel manufacturing. The firm offers a wide range of product categories for both men and women. Its product line comprises shirts, bottoms, suits, outwear, and other products out of which sale of shirts derives the majority revenue. Geographically, the United States of America contributes majority of the firm's revenue.
Executives
Imaginative Company Limited 2201 Interest of corporation controlled by you
Lever Style Holdings Limited 2101 Beneficial owner
Szeto Chi Yan Stanley 2201 Interest of corporation controlled by you
Fung Capital Limited 2201 Interest of corporation controlled by you
Hsbc Trustee (c.i.) Limited 2301 Trustee
Fung Portfolio Limited 2201 Interest of corporation controlled by you
Fung Kwok Lun William 2201 Interest of corporation controlled by you
Jing Lun Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Feng Shi Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Poolside Ventures Limited 2201 Interest of corporation controlled by you
Kci Limited 2201 Interest of corporation controlled by you
Fung Trinity Holdings Limited 2101 Beneficial owner
Fong Tong 2201 Interest of corporation controlled by you

Lever Style (HKSE:01346) Headlines

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