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Intelligent Living Application Group (Intelligent Living Application Group) Days Inventory : 226.59 (As of Dec. 2023)


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What is Intelligent Living Application Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Intelligent Living Application Group's Average Total Inventories for the six months ended in Dec. 2023 was $5.04 Mil. Intelligent Living Application Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $4.06 Mil. Hence, Intelligent Living Application Group's Days Inventory for the six months ended in Dec. 2023 was 226.59.

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

ILAG' s Days Inventory Range Over the Past 10 Years
Min: 99.55   Med: 150.44   Max: 304.82
Current: 304.82

During the past 6 years, Intelligent Living Application Group's highest Days Inventory was 304.82. The lowest was 99.55. And the median was 150.44.

ILAG's Days Inventory is ranked worse than
92.19% of 1396 companies
in the Construction industry
Industry Median: 49.04 vs ILAG: 304.82

Intelligent Living Application Group's Days Inventory declined from Dec. 2022 (230.29) to Dec. 2023 (226.59).

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. Intelligent Living Application Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.81.

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. Intelligent Living Application Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.12.

Intelligent Living Application Group Days Inventory Historical Data

The historical data trend for Intelligent Living Application 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.

Intelligent Living Application Group Days Inventory Chart

Intelligent Living Application Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 129.31 147.65 153.22 174.59 298.41

Intelligent Living Application Group Semi-Annual Data
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 141.67 143.06 230.29 497.10 226.59

Competitive Comparison of Intelligent Living Application Group's Days Inventory

For the Building Products & Equipment subindustry, Intelligent Living Application 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.

Intelligent Living Application Group's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Intelligent Living Application Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Intelligent Living Application Group's Days Inventory falls into.


Intelligent Living Application Group Days Inventory Calculation

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

Intelligent Living Application 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
=( (4.472 + 5.028) / 2 ) / 5.81*365
=4.75 / 5.81*365
=298.41

Intelligent Living Application 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
=( (5.056 + 5.028) / 2 ) / 4.061*365 / 2
=5.042 / 4.061*365 / 2
=226.59

* 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.

Intelligent Living Application Group  (NAS:ILAG) 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.

Intelligent Living Application Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=4.061 / 5.042
=0.81

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.

Intelligent Living Application Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=5.042 / 4.508
=1.12

* 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.

Intelligent Living Application Group Days Inventory Related Terms

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

Intelligent Living Application Group (Intelligent Living Application Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Intelligent Living Application Group Inc (NAS:ILAG) » Definitions » Days Inventory
Comparable Companies
VIEW AEHL OATN BURCA APT PPIH TT TSE:6367 CARR JCI XPAR:SGO XSWX:GEBN BLDR LII CSL DUB:KRX MAS OSTO:NIBE B OC SZSE:002271
Traded in Other Exchanges
N/A
Address
1-15 Kwai Fung Crescent, Unit 2, 5th Floor, Block A, Profit Industrial Building, Kwai Chung New Territories, Hong Kong, HKG
Website
http://www.i-l-a-g.com
Intelligent Living Application Group Inc is engaged in the business of manufacturing and selling mechanical locksets. The business is spread across the Unites States, Canada, Australia, and China. Majority of the revenue is generated from the United States.