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Luster LightTech Co (SHSE:688400) Days Inventory : 131.72 (As of Mar. 2024)


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What is Luster LightTech Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Luster LightTech Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥415 Mil. Luster LightTech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥287 Mil. Hence, Luster LightTech Co's Days Inventory for the three months ended in Mar. 2024 was 131.72.

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

SHSE:688400' s Days Inventory Range Over the Past 10 Years
Min: 69.44   Med: 85.17   Max: 96.05
Current: 96.05

During the past 6 years, Luster LightTech Co's highest Days Inventory was 96.05. The lowest was 69.44. And the median was 85.17.

SHSE:688400's Days Inventory is ranked better than
64.17% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs SHSE:688400: 96.05

Luster LightTech Co's Days Inventory increased from Mar. 2023 (112.77) to Mar. 2024 (131.72). It might indicate that Luster LightTech Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Luster LightTech Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.69.

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. Luster LightTech Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.93.


Luster LightTech Co Days Inventory Historical Data

The historical data trend for Luster LightTech 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.

Luster LightTech Co Days Inventory Chart

Luster LightTech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 84.96 69.44 69.67 85.38 88.11

Luster LightTech Co Quarterly Data
Dec18 Dec19 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 112.77 94.94 99.62 74.50 131.72

Competitive Comparison of Luster LightTech Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Luster LightTech 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.


Luster LightTech Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luster LightTech Co's Days Inventory distribution charts can be found below:

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



Luster LightTech Co Days Inventory Calculation

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

Luster LightTech 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
=( (470.224 + 403.487) / 2 ) / 1809.772*365
=436.8555 / 1809.772*365
=88.11

Luster LightTech 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
=( (403.487 + 425.567) / 2 ) / 287.172*365 / 4
=414.527 / 287.172*365 / 4
=131.72

* 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.


Luster LightTech Co  (SHSE:688400) 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.

Luster LightTech 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.

Luster LightTech 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.


Luster LightTech Co Days Inventory Related Terms

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


Luster LightTech Co (SHSE:688400) Business Description

Traded in Other Exchanges
N/A
Address
Cuihu South Ring Road, Room 701, 7th Floor, Building 7, Yard 13, Haidian District, Beijing, CHN, 100094
Luster LightTech Co Ltd is based on optical technology innovation, develops business around machine vision and fiber optics, and is committed to becoming a global leader in the field of visual artificial intelligence and optoelectronic information.
Executives
Yin Yong Qiang senior management
Wang Wen Tao Directors, senior managers

Luster LightTech Co (SHSE:688400) Headlines

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