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LH Group (HKSE:01978) Days Inventory : 10.16 (As of Jun. 2024)


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What is LH Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LH Group's Average Total Inventories for the six months ended in Jun. 2024 was HK$20 Mil. LH Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$357 Mil. Hence, LH Group's Days Inventory for the six months ended in Jun. 2024 was 10.16.

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

HKSE:01978' s Days Inventory Range Over the Past 10 Years
Min: 10.31   Med: 16.04   Max: 25.2
Current: 10.31

During the past 10 years, LH Group's highest Days Inventory was 25.20. The lowest was 10.31. And the median was 16.04.

HKSE:01978's Days Inventory is ranked better than
65.89% of 343 companies
in the Restaurants industry
Industry Median: 15.26 vs HKSE:01978: 10.31

LH Group's Days Inventory declined from Jun. 2023 (13.44) to Jun. 2024 (10.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. LH Group's Inventory Turnover for the six months ended in Jun. 2024 was 17.97.

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. LH Group's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.04.


LH Group Days Inventory Historical Data

The historical data trend for LH Group'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.

LH Group Days Inventory Chart

LH Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.30 24.71 25.20 13.60 10.31

LH Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 18.07 13.44 10.45 10.16 10.48

Competitive Comparison of LH Group's Days Inventory

For the Restaurants subindustry, LH Group'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.


LH Group's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, LH Group's Days Inventory distribution charts can be found below:

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


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LH Group Days Inventory Calculation

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

LH Group'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
=( (37.508 + 19.981) / 2 ) / 771.615*365
=28.7445 / 771.615*365
=13.60

LH Group's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (19.981 + 19.724) / 2 ) / 356.74*365 / 2
=19.8525 / 356.74*365 / 2
=10.16

* 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.


LH Group  (HKSE:01978) 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.

LH Group's Inventory Turnover for the six months ended in Jun. 2024 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.

LH Group's Inventory to Revenue for the six months ended in Jun. 2024 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.


LH Group Days Inventory Related Terms

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


LH Group Business Description

Traded in Other Exchanges
N/A
Address
38 Wang Chiu Road, Unit 03, L22, Tower 1, Enterprise Square Five, Kowloon Bay, Kowloon, HKG
LH Group Ltd is engaged as full-service restaurants operator serving Asian cuisine, including Japanese, Korean, Cantonese and Shanghainese cuisine in Hong Kong. Its segments include Cantonese cuisine - self-owned brands, Asian cuisine - franchised brands, Asian cuisine - self-owned brands, and Sale of food ingredients & others. The majority of its revenue comes from the Asian cuisine - franchised brands segment, which operation of Asian cuisine restaurants under the franchised Gyu-Kaku, On-Yasai, Gyu-Kaku Jinan-Bou and Yoogane brands. It operates primarily in Hong Kong.
Executives
Liu Kai Ming 2201 Interest of corporation controlled by you
Chan Wai Chun
Lam Kwan Ying
Ko Cheuk Kuen
Ko Sau Chee Grace
Hop Kwan Holdings Limited
Lhg Holdings Limited
Lau Kwong Kwan
Liu Cheung
Liu Chi Hung Peter
Wong Kit Lung Simon
Wong Yiu Hung

LH Group Headlines

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