Lynch Group Holdings (ASX:LGL) Days Inventory : 38.14 (As of Dec. 2023)

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What is Lynch Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lynch Group Holdings's Average Total Inventories for the six months ended in Dec. 2023 was A$20.9 Mil. Lynch Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$100.1 Mil. Hence, Lynch Group Holdings's Days Inventory for the six months ended in Dec. 2023 was 38.14.

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

ASX:LGL' s Days Inventory Range Over the Past 10 Years
Min: 33.04 Med: 33.25 Max: 39.5
Current: 39.5

During the past 3 years, Lynch Group Holdings's highest Days Inventory was 39.50. The lowest was 33.04. And the median was 33.25.

ASX:LGL's Days Inventory is ranked better than
84.28% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs ASX:LGL: 39.50

Lynch Group Holdings's Days Inventory declined from Dec. 2022 (43.01) to Dec. 2023 (38.14).

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. Lynch Group Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 4.79.

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. Lynch Group Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.11.

Lynch Group Holdings Days Inventory Historical Data

The historical data trend for Lynch Group Holdings'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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Lynch Group Holdings Days Inventory Chart

Lynch Group Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Days Inventory

35.98

33.04

33.25

Lynch Group Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			32.16	30.21	43.01	37.44	38.14

Competitive Comparison of Lynch Group Holdings's Days Inventory

For the Farm Products subindustry, Lynch Group Holdings'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.

Lynch Group Holdings's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lynch Group Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lynch Group Holdings's Days Inventory falls into.

Lynch Group Holdings Days Inventory Calculation

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

Lynch Group Holdings's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (19.457	+	18.921)	/	2 )	/	210.638	*	365
=	19.189					/	210.638	*	365
=	33.25

Lynch Group Holdings'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
=	( (18.921	+	22.904)	/	2 )	/	100.07	*	365 / 2
=	20.9125					/	100.07	*	365 / 2
=	38.14

Lynch Group Holdings (ASX:LGL) 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.

Lynch Group Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	100.07	/	20.9125
	=	4.79

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.

Lynch Group Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20.9125	/	186.579
	=	0.11

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.

Lynch Group Holdings Days Inventory Related Terms

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

Lynch Group Holdings (ASX:LGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lynch Group Holdings Ltd (ASX:LGL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

8b Williamson Road, Ingleburn, Sydney, NSW, AUS, 2565

Website

https://www.lynchgroup.com.au

Lynch Group Holdings Ltd is a vertically integrated wholesale floral company whose farms cover the entire process of planting, growing, merchandising, and selling flowers and potted plants to major supermarket chains and commercial outlets throughout Australia and China. The Group is organized into two operating segments Australia, which operates a vertically integrated production farm and wholesale operation in Australia; and China segment, which segment operates a production farm and distribution operation in China, primarily supplying the domestic China market as well as the Australian segment. The company generates the majority of its revenue from the Australia segment.