Longduoduo Co (Longduoduo Co) Days Inventory : 0.00 (As of Dec. 2023)

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What is Longduoduo Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Longduoduo Co's Average Total Inventories for the three months ended in Dec. 2023 was $0.00 Mil. Longduoduo Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.04 Mil. Hence, Longduoduo Co's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

LDDD' s Days Inventory Range Over the Past 10 Years
Min: 1.09 Med: 1.16 Max: 1.24
Current: 1.24

During the past 3 years, Longduoduo Co's highest Days Inventory was 1.24. The lowest was 1.09. And the median was 1.16.

LDDD's Days Inventory is ranked better than
98.95% of 190 companies
in the Medical Diagnostics & Research industry
Industry Median: 66.175 vs LDDD: 1.24

Longduoduo Co's Days Inventory declined from Dec. 2022 (7.02) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Longduoduo Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Longduoduo Co Days Inventory Historical Data

The historical data trend for Longduoduo 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.

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Longduoduo Co Days Inventory Chart

Longduoduo Co Annual Data

Trend

Jun21

Jun22

Jun23

Days Inventory

1.09

1.23

Longduoduo Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial						7.02	1.55	0.47	1.47	-

Competitive Comparison of Longduoduo Co's Days Inventory

For the Diagnostics & Research subindustry, Longduoduo 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.

Longduoduo Co's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Longduoduo Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Longduoduo Co's Days Inventory falls into.

Longduoduo Co Days Inventory Calculation

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

Longduoduo Co's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.003	+	0.001)	/	2 )	/	0.592	*	365
=	0.002					/	0.592	*	365
=	1.23

Longduoduo Co'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.043	*	365 / 4
=	0					/	0.043	*	365 / 4
=	0.00

Longduoduo Co (OTCPK:LDDD) 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.

Longduoduo Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.043	/	0
	=

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.

Longduoduo Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	2.341
	=	0.00

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.

Longduoduo Co Days Inventory Related Terms

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

Longduoduo Co (Longduoduo Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Longduoduo Co Ltd (OTCPK:LDDD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ordos Street, 419, Floor 4, Comprehensive Building, Second Light Hospital, Yuquan District, Inner Mongolia, Hohhot, CHN, 010000

Website

http://www.longduoduo.net

Longduoduo Co Ltd through its operating subsidiaries engaged in the business of providing preventive healthcare solutions. It provides a wide range of comprehensive preventive healthcare services including disease screening, healthcare treatments, healthcare products, and other services. The company mainly focuses on the prevention of myocardial infarction, cerebral infarction, hemiplegia, and cardiovascular and cerebrovascular diseases. The company's revenues are generated from its customers in the People's Republic of China.

Longduoduo Co (Longduoduo Co) Headlines

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