Luyuan Group Holding (Cayman) (HKSE:02451) Days Inventory : 29.40 (As of Dec. 2023)

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What is Luyuan Group Holding (Cayman) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Luyuan Group Holding (Cayman)'s Average Total Inventories for the six months ended in Dec. 2023 was HK$388 Mil. Luyuan Group Holding (Cayman)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$4,815 Mil. Hence, Luyuan Group Holding (Cayman)'s Days Inventory for the six months ended in Dec. 2023 was 14.70.

The historical rank and industry rank for Luyuan Group Holding (Cayman)'s Days Inventory or its related term are showing as below:

HKSE:02451' s Days Inventory Range Over the Past 10 Years
Min: 29.4 Med: 35.95 Max: 37.66
Current: 29.4

During the past 4 years, Luyuan Group Holding (Cayman)'s highest Days Inventory was 37.66. The lowest was 29.40. And the median was 35.95.

HKSE:02451's Days Inventory is ranked better than
91.38% of 1253 companies
in the Vehicles & Parts industry
Industry Median: 80.85 vs HKSE:02451: 29.40

Luyuan Group Holding (Cayman)'s Days Inventory declined from Dec. 2021 (35.52) to Dec. 2023 (29.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Luyuan Group Holding (Cayman)'s Inventory Turnover for the six months ended in Dec. 2023 was 12.42.

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. Luyuan Group Holding (Cayman)'s Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.07.

Luyuan Group Holding (Cayman) Days Inventory Historical Data

The historical data trend for Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman) Days Inventory Chart

Luyuan Group Holding (Cayman) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

36.37

35.52

37.66

29.40

Luyuan Group Holding (Cayman) Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Days Inventory	36.37	35.52	37.66	29.40

Competitive Comparison of Luyuan Group Holding (Cayman)'s Days Inventory

For the Auto Manufacturers subindustry, Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman)'s Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Luyuan Group Holding (Cayman)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Luyuan Group Holding (Cayman)'s Days Inventory falls into.

Luyuan Group Holding (Cayman) Days Inventory Calculation

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

Luyuan Group Holding (Cayman)'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
=	( (497.688	+	277.85)	/	2 )	/	4814.533	*	365
=	387.769					/	4814.533	*	365
=	29.40

Luyuan Group Holding (Cayman)'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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (497.688	+	277.85)	/	2 )	/	4814.533	*	365 / 2
=	387.769					/	4814.533	*	365 / 2
=	14.70

Luyuan Group Holding (Cayman) (HKSE:02451) 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.

Luyuan Group Holding (Cayman)'s Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4814.533	/	387.769
	=	12.42

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.

Luyuan Group Holding (Cayman)'s Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	387.769	/	5559.658
	=	0.07

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.

Luyuan Group Holding (Cayman) Days Inventory Related Terms

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

Luyuan Group Holding (Cayman) (HKSE:02451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Luyuan Group Holding (Cayman) Ltd (HKSE:02451) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168 Shicheng Street, Jinhua Industry Zone, Zhejiang, Jinhua, CHN

Website

https://www.luyuan.cn

Luyuan Group Holding (Cayman) Ltd is an electric two-wheeled vehicle provider in mainland China, focusing on the design, research and development, manufacturing and selling of electric two-wheeled vehicles. It has built an offline sales and distribution network and embraced informatization and established online retail channels, continuously improving the penetration and coverage of its products.

Executives

Dingman David Ross	2201 Interest of corporation controlled by you
Shipston Electric Vehicle Limited	2101 Beneficial owner
Shipston Evl Holdings Limited	2201 Interest of corporation controlled by you
Shipston Group Limited	2201 Interest of corporation controlled by you
Stonor Group Limited	2201 Interest of corporation controlled by you
Dingman David Ross	2201 Interest of corporation controlled by you
Hu Jihong	2201 Interest of corporation controlled by you
Ni Jie	2201 Interest of corporation controlled by you
Apex Marine Investments Limited	2101 Beneficial owner
Drago Investments Limited	2101 Beneficial owner

Luyuan Group Holding (Cayman) (HKSE:02451) Headlines

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