Lippo China Resources (HKSE:00156) Days Inventory : 27.74 (As of Dec. 2023)

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What is Lippo China Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lippo China Resources's Average Total Inventories for the six months ended in Dec. 2023 was HK$23.6 Mil. Lippo China Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$155.6 Mil. Hence, Lippo China Resources's Days Inventory for the six months ended in Dec. 2023 was 27.74.

The historical rank and industry rank for Lippo China Resources's Days Inventory or its related term are showing as below:

HKSE:00156' s Days Inventory Range Over the Past 10 Years
Min: 14 Med: 56.43 Max: 210.09
Current: 28.51

During the past 13 years, Lippo China Resources's highest Days Inventory was 210.09. The lowest was 14.00. And the median was 56.43.

HKSE:00156's Days Inventory is ranked worse than
70.92% of 337 companies
in the Restaurants industry
Industry Median: 15.57 vs HKSE:00156: 28.51

Lippo China Resources's Days Inventory increased from Dec. 2022 (25.97) to Dec. 2023 (27.74). It might indicate that Lippo China Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lippo China Resources's Inventory Turnover for the six months ended in Dec. 2023 was 6.58.

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. Lippo China Resources's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.06.

Lippo China Resources Days Inventory Historical Data

The historical data trend for Lippo China Resources'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.

Lippo China Resources Days Inventory Chart

Lippo China Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Days Inventory

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40.80

14.00

16.77

27.53

29.00

Lippo China Resources Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															19.64	24.58	25.97	28.81	27.74

Competitive Comparison of Lippo China Resources's Days Inventory

For the Restaurants subindustry, Lippo China Resources'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.

Lippo China Resources's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Lippo China Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lippo China Resources's Days Inventory falls into.

Lippo China Resources Days Inventory Calculation

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

Lippo China Resources'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
=	( (25.196	+	23.962)	/	2 )	/	309.318	*	365
=	24.579					/	309.318	*	365
=	29.00

Lippo China Resources'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
=	( (23.334	+	23.962)	/	2 )	/	155.603	*	365 / 2
=	23.648					/	155.603	*	365 / 2
=	27.74

Lippo China Resources (HKSE:00156) 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.

Lippo China Resources's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	155.603	/	23.648
	=	6.58

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.

Lippo China Resources's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	23.648	/	389.086
	=	0.06

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.

Lippo China Resources Days Inventory Related Terms

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

Lippo China Resources (HKSE:00156) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Lippo China Resources Ltd (HKSE:00156) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Queensway, 40th Floor, Tower Two, Lippo Centre, Hong Kong, HKG

Website

https://www.lcr.com.hk

Lippo China Resources Ltd is a Hong Kong-based investment holding company. The company along with its subsidiaries is principally engaged in the below segments: Property development, Food businesses, Healthcare services, Securities investment, Treasury investment, and Others. It derives a majority of the revenue from the Food business activity which includes the distribution of consumer food and non-food products, food manufacturing and retailing, the management of restaurants, and food court operations. The company operates in Hong Kong, Mainland China, the Republic of Singapore, the USA, Malaysia, and other countries, of which key revenue is generated from the Republic of Singapore.

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