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Leading Holdings Group (HKSE:06999) Days Inventory : 473.86 (As of Dec. 2023)


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What is Leading Holdings Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Leading Holdings Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$30,348 Mil. Leading Holdings Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$11,688 Mil. Hence, Leading Holdings Group's Days Inventory for the six months ended in Dec. 2023 was 473.86.

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

HKSE:06999' s Days Inventory Range Over the Past 10 Years
Min: 635.99   Med: 1258.99   Max: 1749.42
Current: 673.79

During the past 7 years, Leading Holdings Group's highest Days Inventory was 1749.42. The lowest was 635.99. And the median was 1258.99.

HKSE:06999's Days Inventory is ranked better than
51.43% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs HKSE:06999: 673.79

Leading Holdings Group's Days Inventory declined from Dec. 2022 (693.85) to Dec. 2023 (473.86).

Inventory Turnover measures how fast the company turns over its inventory within a year. Leading Holdings Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.39.

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. Leading Holdings Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 2.42.


Leading Holdings Group Days Inventory Historical Data

The historical data trend for Leading Holdings 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.

Leading Holdings Group Days Inventory Chart

Leading Holdings Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 1,613.10 1,312.27 1,258.99 961.11 635.99

Leading Holdings Group Semi-Annual Data
Dec17 Dec18 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 929.15 1,472.77 693.85 1,079.72 473.86

Competitive Comparison of Leading Holdings Group's Days Inventory

For the Real Estate - Development subindustry, Leading Holdings 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.


Leading Holdings Group's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Leading Holdings Group's Days Inventory distribution charts can be found below:

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



Leading Holdings Group Days Inventory Calculation

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

Leading Holdings 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
=( (40629.95 + 23131.267) / 2 ) / 18296.442*365
=31880.6085 / 18296.442*365
=635.99

Leading Holdings 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
=( (37564.529 + 23131.267) / 2 ) / 11688.036*365 / 2
=30347.898 / 11688.036*365 / 2
=473.86

* 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.


Leading Holdings Group  (HKSE:06999) 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.

Leading Holdings 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.

Leading Holdings Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=30347.898 / 12543.993
=2.42

* 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.


Leading Holdings Group Days Inventory Related Terms

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


Leading Holdings Group (HKSE:06999) Business Description

Traded in Other Exchanges
N/A
Address
No. 151, 2nd Tianfu Street, Leading International Finance Center, 46th Floor, Tower A, Gaoxin District, Sichuan Province, Chengdu, CHN
Leading Holdings Group Ltd is focused on the development and sale of residential and commercial properties. In addition, the group holds a portion of commercial properties for investment purpose and are engaged in the hotel management business. Further, it also provides project management services. It operates in three segments: Property development, Commercial property investment, and operations, and Hotel operations, of which the majority of its revenue comes from the Property development segment. Its operations are conducted in Mainland China.
Executives
Liu Yuhui 2201 Interest of corporation controlled by you
Chen Ao Ao 2202 Interest of your spouse
Hou Sanli 2201 Interest of corporation controlled by you
Lan Tian 2202 Interest of your spouse
Liu Ce 2201 Interest of corporation controlled by you
Liu Haowei 2201 Interest of corporation controlled by you
Liu Shan 2202 Interest of your spouse
Liu Yuqi 2202 Interest of your spouse
Long Yiqin 2201 Interest of corporation controlled by you
Wang Tao 2201 Interest of corporation controlled by you
Jin Sha Jiang Holding Limited 2101 Beneficial owner
Yue Lai Investment Limited 2101 Beneficial owner
Ling Yue Capital Holding Limited 2101 Beneficial owner
Yuan Di Capital Limited 2101 Beneficial owner

Leading Holdings Group (HKSE:06999) Headlines

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