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Linkage Global (Linkage Global) Days Inventory : 19.66 (As of Sep. 2023)


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What is Linkage Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Linkage Global's Average Total Inventories for the six months ended in Sep. 2023 was $0.41 Mil. Linkage Global's Cost of Goods Sold for the six months ended in Sep. 2023 was $3.79 Mil. Hence, Linkage Global's Days Inventory for the six months ended in Sep. 2023 was 19.66.

The historical rank and industry rank for Linkage Global's Days Inventory or its related term are showing as below:

LGCB' s Days Inventory Range Over the Past 10 Years
Min: 7.14   Med: 10.64   Max: 17.12
Current: 12.94

During the past 3 years, Linkage Global's highest Days Inventory was 17.12. The lowest was 7.14. And the median was 10.64.

LGCB's Days Inventory is ranked better than
93.73% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs LGCB: 12.94

Linkage Global's Days Inventory increased from Sep. 2022 (5.33) to Sep. 2023 (19.66). It might indicate that Linkage Global's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Linkage Global's Inventory Turnover for the six months ended in Sep. 2023 was 9.28.

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. Linkage Global's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.11.


Linkage Global Days Inventory Historical Data

The historical data trend for Linkage Global'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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Linkage Global Days Inventory Chart

Linkage Global Annual Data
Trend Sep21 Sep22 Sep23
Days Inventory
10.64 7.14 17.12

Linkage Global Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory - 10.31 5.33 6.13 19.66

Competitive Comparison of Linkage Global's Days Inventory

For the Internet Retail subindustry, Linkage Global'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.


Linkage Global's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Linkage Global's Days Inventory distribution charts can be found below:

* The bar in red indicates where Linkage Global's Days Inventory falls into.



Linkage Global Days Inventory Calculation

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

Linkage Global's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (0.34 + 0.68) / 2 ) / 10.872*365
=0.51 / 10.872*365
=17.12

Linkage Global'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: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.136 + 0.68) / 2 ) / 3.787*365 / 2
=0.408 / 3.787*365 / 2
=19.66

* 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.


Linkage Global  (NAS:LGCB) 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.

Linkage Global's Inventory Turnover for the six months ended in Sep. 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.

Linkage Global's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

* 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.


Linkage Global Days Inventory Related Terms

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


Linkage Global (Linkage Global) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2-23-3 Minami-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0022
Linkage Global Inc is a cross-border e-commerce integrated service provider. It provides global e-commerce merchants, overseas brands, import and export trading enterprises, etc. with a globally selected supply chain, digital marketing, e-commerce training, global store, ERP and e-commerce software, social e-commerce and other e-commerce integrated services. It is Committed to building a one-stop cross-border integrated service platform to make cross-border trade easier.

Linkage Global (Linkage Global) Headlines

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