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Luxxu Group (HKSE:01327) Days Inventory : 2,443.36 (As of Dec. 2023)


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What is Luxxu Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Luxxu Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$46.38 Mil. Luxxu Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3.46 Mil. Hence, Luxxu Group's Days Inventory for the six months ended in Dec. 2023 was 2,443.36.

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

HKSE:01327' s Days Inventory Range Over the Past 10 Years
Min: 81.6   Med: 447.93   Max: 766.99
Current: 575.66

During the past 11 years, Luxxu Group's highest Days Inventory was 766.99. The lowest was 81.60. And the median was 447.93.

HKSE:01327's Days Inventory is ranked worse than
95.61% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 110.87 vs HKSE:01327: 575.66

Luxxu Group's Days Inventory increased from Dec. 2022 (564.55) to Dec. 2023 (2,443.36). It might indicate that Luxxu Group's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Luxxu Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.07.

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. Luxxu Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 9.68.


Luxxu Group Days Inventory Historical Data

The historical data trend for Luxxu Group'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.

Luxxu Group Days Inventory Chart

Luxxu Group 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 554.37 388.56 259.10 243.45 687.74

Luxxu Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 516.17 137.29 564.55 254.11 2,443.36

Competitive Comparison of Luxxu Group's Days Inventory

For the Luxury Goods subindustry, Luxxu Group'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.


Luxxu Group's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Luxxu Group's Days Inventory falls into.



Luxxu Group Days Inventory Calculation

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

Luxxu Group'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
=( (42.39 + 65.248) / 2 ) / 28.563*365
=53.819 / 28.563*365
=687.74

Luxxu Group'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
=( (27.506 + 65.248) / 2 ) / 3.464*365 / 2
=46.377 / 3.464*365 / 2
=2,443.36

* 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.


Luxxu Group  (HKSE:01327) 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.

Luxxu Group's Inventory Turnover for the six months ended in Dec. 2023 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.

Luxxu Group's Inventory to Revenue for the six months ended in Dec. 2023 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.


Luxxu Group Days Inventory Related Terms

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


Luxxu Group (HKSE:01327) Business Description

Traded in Other Exchanges
N/A
Address
18 Queen’s Road Central, Unit 2302, 23rd Floor, New World Tower 1, Hong Kong, HKG
Luxxu Group Ltd is an investment company engaged in the manufacturing and sales of own-branded watches and jewelry, including but not limited to diamond watches, tourbillion watches and luxury jewelry accessories, OEM watches, and third-party watches. Geographically, it operates in Asia, the PRC, and Europe, with Asia deriving the majority of the revenue. It derives key revenue from the sale of branded watches.

Luxxu Group (HKSE:01327) Headlines

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