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Leo Group Co (SZSE:002131) Days Inventory : 17.22 (As of Mar. 2024)


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What is Leo Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Leo Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥842 Mil. Leo Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥4,463 Mil. Hence, Leo Group Co's Days Inventory for the three months ended in Mar. 2024 was 17.22.

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

SZSE:002131' s Days Inventory Range Over the Past 10 Years
Min: 11.55   Med: 15.01   Max: 67.08
Current: 15.35

During the past 13 years, Leo Group Co's highest Days Inventory was 67.08. The lowest was 11.55. And the median was 15.01.

SZSE:002131's Days Inventory is ranked better than
97.8% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs SZSE:002131: 15.35

Leo Group Co's Days Inventory increased from Mar. 2023 (12.69) to Mar. 2024 (17.22). It might indicate that Leo Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Leo Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 5.30.

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. Leo Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.17.


Leo Group Co Days Inventory Historical Data

The historical data trend for Leo Group Co'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.

Leo Group Co Days Inventory Chart

Leo Group Co 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 13.43 11.55 12.28 14.19 14.52

Leo Group Co 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 12.69 11.24 16.53 17.62 17.22

Competitive Comparison of Leo Group Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Leo Group Co'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.


Leo Group Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Leo Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Leo Group Co's Days Inventory falls into.



Leo Group Co Days Inventory Calculation

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

Leo Group Co'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
=( (649.024 + 842.059) / 2 ) / 18740.846*365
=745.5415 / 18740.846*365
=14.52

Leo Group Co'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
=( (842.059 + 842.403) / 2 ) / 4463.477*365 / 4
=842.231 / 4463.477*365 / 4
=17.22

* 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.


Leo Group Co  (SZSE:002131) 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.

Leo Group Co'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.

Leo Group Co'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.


Leo Group Co Days Inventory Related Terms

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


Leo Group Co (SZSE:002131) Business Description

Traded in Other Exchanges
N/A
Address
Liou Road No. 1, Binhai Town, Zhejiang Province, Wenling, CHN, 317500
Leo Group Co Ltd through its subsidiaries engages in research, development, manufacture, sale, and service of pumps and systems. Its products cover domestic pump, building pump, garden pump, HVAC pump and sewage pump. In addition, the company through its Dalian base specialized in the production of petrochemical pumps for crude oil transportation, crude oil refinery, heavy chemical industry, coal chemical industry and fine chemistry.
Executives
Chen Lin Fu Directors, executives
Yan Tu Fu Executives
Zhang Xu Bo Directors, executives
Zheng Xiao Dong Directors, executives
Huang Qing Wen Executives
Cheng Yan Supervisors
Lin Ren Yong Supervisors
Wang Xiang Rong Directors, executives
Yan Ling Qiang Supervisors
Wang Zhuang Li Director
Jiang Rui Executives
Zhang Ling Zheng Director

Leo Group Co (SZSE:002131) Headlines

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