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Leshan Giantstar Farming & Husbandry (SHSE:603477) Days Inventory : 159.63 (As of Mar. 2024)


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What is Leshan Giantstar Farming & Husbandry Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Leshan Giantstar Farming & Husbandry's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,621 Mil. Leshan Giantstar Farming & Husbandry's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥926 Mil. Hence, Leshan Giantstar Farming & Husbandry's Days Inventory for the three months ended in Mar. 2024 was 159.63.

The historical rank and industry rank for Leshan Giantstar Farming & Husbandry's Days Inventory or its related term are showing as below:

SHSE:603477' s Days Inventory Range Over the Past 10 Years
Min: 133.71   Med: 217.1   Max: 376.3
Current: 138.32

During the past 10 years, Leshan Giantstar Farming & Husbandry's highest Days Inventory was 376.30. The lowest was 133.71. And the median was 217.10.

SHSE:603477's Days Inventory is ranked worse than
53.4% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.14 vs SHSE:603477: 138.32

Leshan Giantstar Farming & Husbandry's Days Inventory increased from Mar. 2023 (144.47) to Mar. 2024 (159.63). It might indicate that Leshan Giantstar Farming & Husbandry's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Leshan Giantstar Farming & Husbandry's Inventory Turnover for the three months ended in Mar. 2024 was 0.57.

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. Leshan Giantstar Farming & Husbandry's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.71.


Leshan Giantstar Farming & Husbandry Days Inventory Historical Data

The historical data trend for Leshan Giantstar Farming & Husbandry'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.

Leshan Giantstar Farming & Husbandry Days Inventory Chart

Leshan Giantstar Farming & Husbandry Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 376.30 246.84 162.61 148.96 133.71

Leshan Giantstar Farming & Husbandry Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 144.47 122.42 132.77 136.01 159.63

Competitive Comparison of Leshan Giantstar Farming & Husbandry's Days Inventory

For the Footwear & Accessories subindustry, Leshan Giantstar Farming & Husbandry'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.


Leshan Giantstar Farming & Husbandry's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Leshan Giantstar Farming & Husbandry's Days Inventory distribution charts can be found below:

* The bar in red indicates where Leshan Giantstar Farming & Husbandry's Days Inventory falls into.



Leshan Giantstar Farming & Husbandry Days Inventory Calculation

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

Leshan Giantstar Farming & Husbandry'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
=( (1439.605 + 1531.601) / 2 ) / 4055.521*365
=1485.603 / 4055.521*365
=133.71

Leshan Giantstar Farming & Husbandry's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1531.601 + 1709.951) / 2 ) / 926.482*365 / 4
=1620.776 / 926.482*365 / 4
=159.63

* 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.


Leshan Giantstar Farming & Husbandry  (SHSE:603477) 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.

Leshan Giantstar Farming & Husbandry's Inventory Turnover for the three months ended in Mar. 2024 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.

Leshan Giantstar Farming & Husbandry's Inventory to Revenue for the three months ended in Mar. 2024 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.


Leshan Giantstar Farming & Husbandry Days Inventory Related Terms

Thank you for viewing the detailed overview of Leshan Giantstar Farming & Husbandry's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Leshan Giantstar Farming & Husbandry (SHSE:603477) Business Description

Traded in Other Exchanges
N/A
Address
Xinhua Village, Zhugen Town, Wutongqiao District, Sichuan Province, Leshan, CHN, 614800
Leshan Giantstar Farming & Husbandry Corp Ltd, formerly Sichuan Zhenjing Corp Ltd manufactures and distributes leather products. The company produces and sells leather cases, leather car seats, decoration leather, and other products.

Leshan Giantstar Farming & Husbandry (SHSE:603477) Headlines

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