China Leon Inspection Holding (HKSE:01586) Days Inventory : 1.34 (As of Dec. 2023)

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What is China Leon Inspection Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Leon Inspection Holding's Average Total Inventories for the six months ended in Dec. 2023 was HK$3 Mil. China Leon Inspection Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$364 Mil. Hence, China Leon Inspection Holding's Days Inventory for the six months ended in Dec. 2023 was 1.34.

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

HKSE:01586' s Days Inventory Range Over the Past 10 Years
Min: 1.55 Med: 1.8 Max: 2.13
Current: 1.66

During the past 11 years, China Leon Inspection Holding's highest Days Inventory was 2.13. The lowest was 1.55. And the median was 1.80.

HKSE:01586's Days Inventory is ranked better than
87.52% of 681 companies
in the Business Services industry
Industry Median: 30.28 vs HKSE:01586: 1.66

China Leon Inspection Holding's Days Inventory declined from Dec. 2022 (2.16) to Dec. 2023 (1.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Leon Inspection Holding's Inventory Turnover for the six months ended in Dec. 2023 was 135.82.

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. China Leon Inspection Holding's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

China Leon Inspection Holding Days Inventory Historical Data

The historical data trend for China Leon Inspection Holding'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.

China Leon Inspection Holding Days Inventory Chart

China Leon Inspection Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

1.67

1.89

1.80

China Leon Inspection Holding Semi-Annual Data
	Dec13	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															1.60	1.58	2.16	1.92	1.34

Competitive Comparison of China Leon Inspection Holding's Days Inventory

For the Specialty Business Services subindustry, China Leon Inspection Holding'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.

China Leon Inspection Holding's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Leon Inspection Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Leon Inspection Holding's Days Inventory falls into.

China Leon Inspection Holding Days Inventory Calculation

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

China Leon Inspection Holding'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
=	( (3.365	+	2.935)	/	2 )	/	638.384	*	365
=	3.15					/	638.384	*	365
=	1.80

China Leon Inspection Holding'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
=	( (2.423	+	2.935)	/	2 )	/	363.851	*	365 / 2
=	2.679					/	363.851	*	365 / 2
=	1.34

China Leon Inspection Holding (HKSE:01586) 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.

China Leon Inspection Holding's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	363.851	/	2.679
	=	135.82

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.

China Leon Inspection Holding's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.679	/	613.134
	=	0.00

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.

China Leon Inspection Holding Days Inventory Related Terms

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

China Leon Inspection Holding (HKSE:01586) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Leon Inspection Holding Ltd (HKSE:01586) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Canton Road, Suite 1015, 10th floor, Ocean Centre,, Tsim Sha Tsui, Kowloon, Harbour, HKG

Website

http://www.leontest.com

China Leon Inspection Holding Ltd is a coal testing inspection services provider. Its business scope includes Testing services, Surveying services, Witnessing and Ancillary services, and technical and consulting services. Testing services focus on the quality assurance of coal; Surveying services include a draft survey to determine or verify the coal quantity, and it also provides witnessing services by observing testing and inspection activities conducted by the counterparties of its customers to detect dishonesty or abnormality. It operates in Mainland China, Indonesia, and other countries, from which it generates the majority of its revenue from Mainland China.

Executives

Li Xiangli	2103 Interests held jointly with another person
Wei Yajuan	2202 Interest of your spouse
Zhang Aiying	2103 Interests held jointly with another person
Liu Yi	2101 Beneficial owner
Liu Yi	2103 Interests held jointly with another person
Leon Cornerstone Investment Holding Limited	2101 Beneficial owner
Asian Equity Special Opportunities Portfolio Master Fund Limited	2101 Beneficial owner
Rays Capital Partners Limited	2102 Investment manager
Ruan David Ching Chi	2201 Interest of corporation controlled by you
Liu Yi	2101 Beneficial owner
Swan Stone Investment Holding Limited	2101 Beneficial owner
Hawk Flying Investment Holding Limited	2101 Beneficial owner

China Leon Inspection Holding (HKSE:01586) Headlines

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