Lianluo Smart (Lianluo Smart) Days Inventory : 1,247.08 (As of Dec. 2020)

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What is Lianluo Smart Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lianluo Smart's Average Total Inventories for the six months ended in Dec. 2020 was $0.45 Mil. Lianluo Smart's Cost of Goods Sold for the six months ended in Dec. 2020 was $0.07 Mil. Hence, Lianluo Smart's Days Inventory for the six months ended in Dec. 2020 was 1,247.08.

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

LLIT' s Days Inventory Range Over the Past 10 Years
Min: 42.35 Med: 374.43 Max: 1264.84
Current: 378.03

During the past 13 years, Lianluo Smart's highest Days Inventory was 1264.84. The lowest was 42.35. And the median was 374.43.

LLIT's Days Inventory is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 186.925 vs LLIT: 378.03

Lianluo Smart's Days Inventory increased from Dec. 2019 (618.25) to Dec. 2020 (1,247.08). It might indicate that Lianluo Smart's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lianluo Smart's Inventory Turnover for the six months ended in Dec. 2020 was 0.15.

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. Lianluo Smart's Inventory-to-Revenue for the six months ended in Dec. 2020 was 23.74.

Lianluo Smart Days Inventory Historical Data

The historical data trend for Lianluo Smart'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.

Lianluo Smart Days Inventory Chart

Lianluo Smart Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Inventory

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43.68

259.53

858.81

597.85

331.15

Lianluo Smart Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Days Inventory	Get a 7-Day Free Trial															984.38	538.33	618.25	298.61	1,247.08

Competitive Comparison of Lianluo Smart's Days Inventory

For the Medical Devices subindustry, Lianluo Smart'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.

Lianluo Smart's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Lianluo Smart's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lianluo Smart's Days Inventory falls into.

Lianluo Smart Days Inventory Calculation

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

Lianluo Smart's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

	Days Inventory (A: Dec. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (1.085	+	0.089)	/	2 )	/	0.647	*	365
=	0.587					/	0.647	*	365
=	331.15

Lianluo Smart's Days Inventory for the quarter that ended in Dec. 2020 is calculated as:

	Days Inventory (Q: Dec. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2020 )	+	Total Inventories (Q: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
=	( (0.813	+	0.089)	/	2 )	/	0.066	*	365 / 2
=	0.451					/	0.066	*	365 / 2
=	1,247.08

Lianluo Smart (NAS:LLIT) 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.

Lianluo Smart's Inventory Turnover for the six months ended in Dec. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.066	/	0.451
	=	0.15

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.

Lianluo Smart's Inventory to Revenue for the six months ended in Dec. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.451	/	0.019
	=	23.74

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.

Lianluo Smart Days Inventory Related Terms

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

Lianluo Smart (Lianluo Smart) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Lianluo Smart Ltd (NAS:LLIT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10 Baifuquan Roa, Room 611, 6th Floor, BeiKong Technology Building, Changping District, Beijing, CHN, 102200

Website

http://www.lianluosmart.com

Lianluo Smart Ltd design, develop and market medical products and medical components. The company focuses on the business sectors of; Medical Equipment and the provision of Obstructive Sleep Apnea Syndrome (OSAS) diagnostic services. Its products include wearable sleep respiratory devices, medical devices for cardiopulmonary resuscitation, DHR998 Plus, and others. The company sells its products to distributors, hospitals and physical examination centers, and others. All of its revenue is generated from China.