Lee & Man Paper Manufacturing (Lee & Man Paper Manufacturing) Days Inventory

: 79.74 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Lee & Man Paper Manufacturing's Average Total Inventories for the six months ended in Dec. 2023 was $627 Mil. Lee & Man Paper Manufacturing's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,435 Mil. Hence, Lee & Man Paper Manufacturing's Days Inventory for the six months ended in Dec. 2023 was 79.74.

The historical rank and industry rank for Lee & Man Paper Manufacturing's Days Inventory or its related term are showing as below:

LMPMY' s Days Inventory Range Over the Past 10 Years
Min: 68.45 Med: 75.29 Max: 83.01
Current: 80.26

During the past 13 years, Lee & Man Paper Manufacturing's highest Days Inventory was 83.01. The lowest was 68.45. And the median was 75.29.

LMPMY's Days Inventory is ranked better than
58.99% of 278 companies
in the Forest Products industry
Industry Median: 87.975 vs LMPMY: 80.26

Lee & Man Paper Manufacturing's Days Inventory increased from Dec. 2022 (77.73) to Dec. 2023 (79.74). It might indicate that Lee & Man Paper Manufacturing's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lee & Man Paper Manufacturing's Inventory Turnover for the six months ended in Dec. 2023 was 2.29.

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. Lee & Man Paper Manufacturing's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.38.

Lee & Man Paper Manufacturing Days Inventory Historical Data

The historical data trend for Lee & Man Paper Manufacturing'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.

Lee & Man Paper Manufacturing Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

69.92

71.63

68.63

73.65

80.75

Lee & Man Paper Manufacturing Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory																69.39	78.74	77.73	80.53	79.74

Competitive Comparison

For the Paper & Paper Products subindustry, Lee & Man Paper Manufacturing'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.

Lee & Man Paper Manufacturing Days Inventory Distribution

For the Forest Products industry and Basic Materials sector, Lee & Man Paper Manufacturing's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lee & Man Paper Manufacturing's Days Inventory falls into.

Lee & Man Paper Manufacturing Days Inventory Calculation

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

Lee & Man Paper Manufacturing'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
=	( (640.957	+	630.123)	/	2 )	/	2872.661	*	365
=	635.54					/	2872.661	*	365
=	80.75

Lee & Man Paper Manufacturing'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
=	( (623.971	+	630.123)	/	2 )	/	1435.05	*	365 / 2
=	627.047					/	1435.05	*	365 / 2
=	79.74

Lee & Man Paper Manufacturing (OTCPK:LMPMY) 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.

Lee & Man Paper Manufacturing's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1435.05	/	627.047
	=	2.29

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.

Lee & Man Paper Manufacturing's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	627.047	/	1630.001
	=	0.38

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.

Lee & Man Paper Manufacturing Days Inventory Related Terms

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

Lee & Man Paper Manufacturing (Lee & Man Paper Manufacturing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Lee & Man Paper Manufacturing Ltd (OTCPK:LMPMY) » Definitions » Days Inventory

Traded in Other Exchanges

LMPMF:USA 02314:Hong Kong LMP:Germany LMP:Germany

Address

169 Electric Road, 39/F, Lee & Man Commercial Center, North Point, Hong Kong, HKG

Website

https://www.leemanpaper.com

Lee & Man Paper Manufacturing Ltd is an investment holding company engaged in the manufacturing and trading of paper and pulp. Its segments are Packaging Paper, Pulp, and Tissue paper. The majority of the revenue is generated from the packaging paper segment that covers the production of kraft liner board, test liner board, coated duplex board, white top liner board, and strength corrugating medium. The People's Republic of China accounts for the majority of the revenue.

Lee & Man Paper Manufacturing (Lee & Man Paper Manufacturing) Headlines

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