Lancy Co (SZSE:002612) Days Inventory : 169.57 (As of Mar. 2024)

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What is Lancy Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lancy Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,052 Mil. Lancy Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥566 Mil. Hence, Lancy Co's Days Inventory for the three months ended in Mar. 2024 was 169.57.

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

SZSE:002612' s Days Inventory Range Over the Past 10 Years
Min: 179.04 Med: 275.02 Max: 427.82
Current: 179.04

During the past 13 years, Lancy Co's highest Days Inventory was 427.82. The lowest was 179.04. And the median was 275.02.

SZSE:002612's Days Inventory is ranked worse than
66.3% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.685 vs SZSE:002612: 179.04

Lancy Co's Days Inventory declined from Mar. 2023 (194.92) to Mar. 2024 (169.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lancy Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.54.

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. Lancy Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.75.

Lancy Co Days Inventory Historical Data

The historical data trend for Lancy 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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Lancy Co Days Inventory Chart

Lancy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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283.39

266.67

216.80

233.11

192.90

Lancy 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															194.92	249.81	161.92	162.25	169.57

Competitive Comparison of Lancy Co's Days Inventory

For the Apparel Manufacturing subindustry, Lancy 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.

Lancy Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Lancy Co Days Inventory Calculation

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

Lancy 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
=	( (1223.28	+	1091.28)	/	2 )	/	2189.765	*	365
=	1157.28					/	2189.765	*	365
=	192.90

Lancy 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
=	( (1091.28	+	1013.59)	/	2 )	/	566.358	*	365 / 4
=	1052.435					/	566.358	*	365 / 4
=	169.57

Lancy Co (SZSE:002612) 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.

Lancy Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	566.358	/	1052.435
	=	0.54

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.

Lancy Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1052.435	/	1399.925
	=	0.75

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.

Lancy Co Days Inventory Related Terms

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

Lancy Co (SZSE:002612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lancy Co Ltd (SZSE:002612) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Da Jiaoting South Street, No.27 West Dawang Road, 8th Floor, Lancy Building, No.1, 3rd Yard, Chaoyang District, Beijing, CHN, 100022

Website

http://www.lancygroup.com

Lancy Co Ltd. is a China-based company operating in the fashion industry. It is principally engaged in the design, manufacture and distribution of women's apparel. It also offers infants' and kids' wear, medical cosmetology and cosmetics. Some of the company's brands are LANCY FROM25, MOJO.S.PHINE, LIME FLARE, JIGOTT, liaalancy, FABIANA, FILIPPI and DeWL.

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