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Macau Legend Development (HKSE:01680) Days Inventory : 10.19 (As of Dec. 2023)


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What is Macau Legend Development Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Macau Legend Development's Average Total Inventories for the six months ended in Dec. 2023 was HK$21.5 Mil. Macau Legend Development's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$384.4 Mil. Hence, Macau Legend Development's Days Inventory for the six months ended in Dec. 2023 was 10.19.

The historical rank and industry rank for Macau Legend Development's Days Inventory or its related term are showing as below:

HKSE:01680' s Days Inventory Range Over the Past 10 Years
Min: 6.04   Med: 10.03   Max: 19.75
Current: 10.54

During the past 12 years, Macau Legend Development's highest Days Inventory was 19.75. The lowest was 6.04. And the median was 10.03.

HKSE:01680's Days Inventory is ranked better than
68.63% of 679 companies
in the Travel & Leisure industry
Industry Median: 33.97 vs HKSE:01680: 10.54

Macau Legend Development's Days Inventory declined from Dec. 2022 (12.68) to Dec. 2023 (10.19).

Inventory Turnover measures how fast the company turns over its inventory within a year. Macau Legend Development's Inventory Turnover for the six months ended in Dec. 2023 was 17.90.

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. Macau Legend Development's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.


Macau Legend Development Days Inventory Historical Data

The historical data trend for Macau Legend Development'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.

Macau Legend Development Days Inventory Chart

Macau Legend Development 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 6.04 8.81 6.34 7.95 10.49

Macau Legend Development 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 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 5.51 5.90 12.68 10.97 10.19

Competitive Comparison of Macau Legend Development's Days Inventory

For the Resorts & Casinos subindustry, Macau Legend Development'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.


Macau Legend Development's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Macau Legend Development's Days Inventory distribution charts can be found below:

* The bar in red indicates where Macau Legend Development's Days Inventory falls into.



Macau Legend Development Days Inventory Calculation

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

Macau Legend Development'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
=( (21.304 + 21.321) / 2 ) / 741.353*365
=21.3125 / 741.353*365
=10.49

Macau Legend Development'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
=( (21.622 + 21.321) / 2 ) / 384.405*365 / 2
=21.4715 / 384.405*365 / 2
=10.19

* 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.


Macau Legend Development  (HKSE:01680) 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.

Macau Legend Development's Inventory Turnover for the six months ended in Dec. 2023 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.

Macau Legend Development's Inventory to Revenue for the six months ended in Dec. 2023 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.


Macau Legend Development Days Inventory Related Terms

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


Macau Legend Development (HKSE:01680) Business Description

Traded in Other Exchanges
N/A
Address
Avenida da Amizade e Avenida da, Palace Building, Macau Fisherman’s Wharf, Dr. Sun Yat Sen, Macau, MAC
Macau Legend Development Ltd is an investment holdings company. The company is one of the owners of entertainment and casino gaming facilities in Macau. The company currently has Macau Fisherman's Wharf operated by MFW Investment (MFW), which is a waterfront integrated gaming, hotel, convention and entertainment complex located on the Macau Peninsula. The company's businesses include 1) the provision of gaming services to SJM for the operation of Legend Palace Casino; 2) the operation of casino inside Savan Legend Resorts Hotel and Entertainment Complex in the Lao People's Democratic Republic (Lao PDR); and 3) the operation of hotels, entertainment and leisure facilities within its properties.
Executives
Chow Kam Fai, David
Chan Weng Lin
Wu Jo Hsuan 2202 Interest of your spouse
Perfect Achiever Group Limited 2101 Beneficial owner
Chan Mei Yi, Melinda
Chan Un Chan 2201 Interest of corporation controlled by you
Earth Group Ventures Ltd.
Li Chi Keung
Wong Hoi Ping
Elite Success International Limited 2101 Beneficial owner

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