Pacific Legend Group (HKSE:08547) Days Inventory : 155.35 (As of Sep. 2023)

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What is Pacific Legend Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pacific Legend Group's Average Total Inventories for the three months ended in Sep. 2023 was HK$37.8 Mil. Pacific Legend Group's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$22.2 Mil. Hence, Pacific Legend Group's Days Inventory for the three months ended in Sep. 2023 was 155.35.

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

HKSE:08547' s Days Inventory Range Over the Past 10 Years
Min: 108.69 Med: 142.05 Max: 174.53
Current: 108.69

During the past 8 years, Pacific Legend Group's highest Days Inventory was 174.53. The lowest was 108.69. And the median was 142.05.

HKSE:08547's Days Inventory is ranked worse than
53.69% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.325 vs HKSE:08547: 108.69

Pacific Legend Group's Days Inventory increased from Sep. 2022 (129.96) to Sep. 2023 (155.35). It might indicate that Pacific Legend Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pacific Legend Group's Inventory Turnover for the three months ended in Sep. 2023 was 0.59.

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. Pacific Legend Group's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.75.

Pacific Legend Group Days Inventory Historical Data

The historical data trend for Pacific Legend 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.

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Pacific Legend Group Days Inventory Chart

Pacific Legend Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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122.54

174.53

117.60

143.67

107.23

Pacific Legend Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															113.30	156.29	78.92	155.35	86.35

Competitive Comparison of Pacific Legend Group's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Pacific Legend 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.

Pacific Legend Group's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Pacific Legend Group's Days Inventory distribution charts can be found below:

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

Pacific Legend Group Days Inventory Calculation

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

Pacific Legend Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (36.608	+	40.217)	/	2 )	/	97.59	*	365
=	38.4125					/	97.59	*	365
=	143.67

Pacific Legend Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (37.752	+	0)	/	1 )	/	22.175	*	365 / 4
=	37.752					/	22.175	*	365 / 4
=	155.35

Pacific Legend Group (HKSE:08547) 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.

Pacific Legend Group's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.175	/	37.752
	=	0.59

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.

Pacific Legend Group's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	37.752	/	50.325
	=	0.75

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.

Pacific Legend Group Days Inventory Related Terms

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

Pacific Legend Group (HKSE:08547) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Pacific Legend Group Ltd (HKSE:08547) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Cyberport Road, Units 1202-04, Level 12, Cyberport 2, Hong Kong, HKG

Website

https://www.pacificlegendgroup.com

Pacific Legend Group Ltd and its subsidiaries are engaged in three lines of business; Rental of home furniture and accessories; Sale of home furniture and accessories; and Project and hospitality services. It derives a majority of its revenue from the sale of home furniture and accessories segment which includes retail, corporate sales, online shops, wholesale, and franchises. Geographically, the group has business operations in Hong Kong, UAE, and the PRC of which key revenue is derived from Hong Kong.

Executives

Century Great Investments Limited	2101 Beneficial owner
Cheung Wai Keung
Wong Wing Man
Bailey Alison Siobhan	2401 A concert party to an agreement to buy shares
Bulbeck David Frances	2202 Interest of your spouse
Double Lions Limited	2101 Beneficial owner
Fitzpatrick Tracy-ann	2201 Interest of corporation controlled by you
Leach James Seymour Dickson	2401 A concert party to an agreement to buy shares
Mclennan Jennifer Carver	2202 Interest of your spouse
Mclennan John Warren	2201 Interest of corporation controlled by you
Rinderknecht John Martin	2401 A concert party to an agreement to buy shares

Pacific Legend Group (HKSE:08547) Headlines

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