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Liqun Commercial Group Co (SHSE:601366) Days Inventory : 144.69 (As of Mar. 2024)


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What is Liqun Commercial Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Liqun Commercial Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥2,457 Mil. Liqun Commercial Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,550 Mil. Hence, Liqun Commercial Group Co's Days Inventory for the three months ended in Mar. 2024 was 144.69.

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

SHSE:601366' s Days Inventory Range Over the Past 10 Years
Min: 57.53   Med: 74.33   Max: 178.57
Current: 160.43

During the past 13 years, Liqun Commercial Group Co's highest Days Inventory was 178.57. The lowest was 57.53. And the median was 74.33.

SHSE:601366's Days Inventory is ranked worse than
65.86% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.7 vs SHSE:601366: 160.43

Liqun Commercial Group Co's Days Inventory increased from Mar. 2023 (134.32) to Mar. 2024 (144.69). It might indicate that Liqun Commercial Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Liqun Commercial Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.63.

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. Liqun Commercial Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.09.


Liqun Commercial Group Co Days Inventory Historical Data

The historical data trend for Liqun Commercial Group 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.

Liqun Commercial Group Co Days Inventory Chart

Liqun Commercial Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.89 113.96 114.69 145.89 178.57

Liqun Commercial Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 134.32 168.07 148.56 189.14 144.69

Competitive Comparison of Liqun Commercial Group Co's Days Inventory

For the Department Stores subindustry, Liqun Commercial Group 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.


Liqun Commercial Group Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Liqun Commercial Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Liqun Commercial Group Co's Days Inventory falls into.



Liqun Commercial Group Co Days Inventory Calculation

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

Liqun Commercial Group Co'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
=( (2511.282 + 2562.457) / 2 ) / 5185.305*365
=2536.8695 / 5185.305*365
=178.57

Liqun Commercial Group Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2562.457 + 2351.515) / 2 ) / 1549.542*365 / 4
=2456.986 / 1549.542*365 / 4
=144.69

* 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.


Liqun Commercial Group Co  (SHSE:601366) 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.

Liqun Commercial Group Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Liqun Commercial Group Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Liqun Commercial Group Co Days Inventory Related Terms

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


Liqun Commercial Group Co (SHSE:601366) Business Description

Traded in Other Exchanges
N/A
Address
No. 83, Haier Road, Laoshan District, Shandong Province, Qingdao City, CHN
Liqun Commercial Group Co Ltd is engaged in retail chains with department stores, supermarkets and electrical appliances.
Executives
Lu Cui Rong senior management
Cao Li Juan Supervisors
Luo Jun senior management
Hu Pei Feng Directors, senior managers
Ding Lin Director
Wang Wen Directors, senior managers
Zhang Bing senior management
Xu De Cai Directors, senior managers
Zhang Yuan Shuang senior management

Liqun Commercial Group Co (SHSE:601366) Headlines

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