Li & Fung (Li & Fung) Days Inventory : 6.30 (As of Dec. 2019)

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What is Li & Fung Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Li & Fung's Average Total Inventories for the six months ended in Dec. 2019 was $187 Mil. Li & Fung's Cost of Goods Sold for the six months ended in Dec. 2019 was $5,428 Mil. Hence, Li & Fung's Days Inventory for the six months ended in Dec. 2019 was 6.30.

The historical rank and industry rank for Li & Fung's Days Inventory or its related term are showing as below:

LFUGF's Days Inventory is not ranked ^*
in the Business Services industry.
Industry Median: 29.11
* Ranked among companies with meaningful Days Inventory only.

Li & Fung's Days Inventory increased from Dec. 2018 (5.62) to Dec. 2019 (6.30). It might indicate that Li & Fung's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Li & Fung's Inventory Turnover for the six months ended in Dec. 2019 was 28.99.

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. Li & Fung's Inventory-to-Revenue for the six months ended in Dec. 2019 was 0.03.

Li & Fung Days Inventory Historical Data

The historical data trend for Li & Fung'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.

Li & Fung Days Inventory Chart

Li & Fung Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Inventory

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12.38

11.60

6.38

5.66

6.47

Li & Fung Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Days Inventory	Get a 7-Day Free Trial															6.47	5.55	5.62	8.06	6.30

Competitive Comparison of Li & Fung's Days Inventory

For the Specialty Business Services subindustry, Li & Fung'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.

Li & Fung's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Li & Fung's Days Inventory distribution charts can be found below:

* The bar in red indicates where Li & Fung's Days Inventory falls into.

Li & Fung Days Inventory Calculation

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

Li & Fung's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

	Days Inventory (A: Dec. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (205.877	+	156.644)	/	2 )	/	10221.721	*	365
=	181.2605					/	10221.721	*	365
=	6.47

Li & Fung's Days Inventory for the quarter that ended in Dec. 2019 is calculated as:

	Days Inventory (Q: Dec. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2019 )	+	Total Inventories (Q: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
=	( (217.806	+	156.644)	/	2 )	/	5427.812	*	365 / 2
=	187.225					/	5427.812	*	365 / 2
=	6.30

Li & Fung (OTCPK:LFUGF) 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.

Li & Fung's Inventory Turnover for the six months ended in Dec. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5427.812	/	187.225
	=	28.99

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.

Li & Fung's Inventory to Revenue for the six months ended in Dec. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	187.225	/	6057.12
	=	0.03

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.

Li & Fung Days Inventory Related Terms

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

Li & Fung (Li & Fung) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Li & Fung Ltd (OTCPK:LFUGF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Victoria Street, Victoria Place, 5th Floor, Hamilton, BMU, HM 10

Website

https://www.lifung.com

Li & Fung Ltd is a supply-chain manager that serves retailers globally with sourcing and logistics services. The company's operating segment includes Services and Products. It generates maximum revenue from the Services segment. The Services segment consists of Supply Chain Solutions and Logistics businesses. Its Products segment consists of the Onshore Wholesale business and the three Product Verticals (furniture, beauty, and sweaters) representing its principal-to-principal business. Geographically, it derives a majority of revenue from the United States of America.

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