Luzhou Xinglu Water (Group) Co (HKSE:02281) Days Inventory : 34.87 (As of Dec. 2023)

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What is Luzhou Xinglu Water (Group) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Luzhou Xinglu Water (Group) Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$88 Mil. Luzhou Xinglu Water (Group) Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$459 Mil. Hence, Luzhou Xinglu Water (Group) Co's Days Inventory for the six months ended in Dec. 2023 was 34.87.

The historical rank and industry rank for Luzhou Xinglu Water (Group) Co's Days Inventory or its related term are showing as below:

HKSE:02281' s Days Inventory Range Over the Past 10 Years
Min: 8.53 Med: 15.58 Max: 36.38
Current: 36.38

During the past 11 years, Luzhou Xinglu Water (Group) Co's highest Days Inventory was 36.38. The lowest was 8.53. And the median was 15.58.

HKSE:02281's Days Inventory is ranked worse than
66.67% of 465 companies
in the Utilities - Regulated industry
Industry Median: 23.46 vs HKSE:02281: 36.38

Luzhou Xinglu Water (Group) Co's Days Inventory declined from Dec. 2022 (44.79) to Dec. 2023 (34.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Luzhou Xinglu Water (Group) Co's Inventory Turnover for the six months ended in Dec. 2023 was 5.23.

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. Luzhou Xinglu Water (Group) Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.12.

Luzhou Xinglu Water (Group) Co Days Inventory Historical Data

The historical data trend for Luzhou Xinglu Water (Group) Co'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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Luzhou Xinglu Water (Group) Co Days Inventory Chart

Luzhou Xinglu Water (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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8.53

35.57

31.93

31.51

35.86

Luzhou Xinglu Water (Group) Co Semi-Annual Data
	Dec13	Dec14	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														18.91	34.65	44.79	38.39	34.87

Competitive Comparison of Luzhou Xinglu Water (Group) Co's Days Inventory

For the Utilities - Regulated Water subindustry, Luzhou Xinglu Water (Group) Co'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.

Luzhou Xinglu Water (Group) Co's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Luzhou Xinglu Water (Group) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Luzhou Xinglu Water (Group) Co's Days Inventory falls into.

Luzhou Xinglu Water (Group) Co Days Inventory Calculation

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

Luzhou Xinglu Water (Group) Co'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
=	( (99.919	+	81.049)	/	2 )	/	921.072	*	365
=	90.484					/	921.072	*	365
=	35.86

Luzhou Xinglu Water (Group) Co'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
=	( (94.413	+	81.049)	/	2 )	/	459.107	*	365 / 2
=	87.731					/	459.107	*	365 / 2
=	34.87

Luzhou Xinglu Water (Group) Co (HKSE:02281) 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.

Luzhou Xinglu Water (Group) Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	459.107	/	87.731
	=	5.23

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.

Luzhou Xinglu Water (Group) Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	87.731	/	706.556
	=	0.12

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.

Luzhou Xinglu Water (Group) Co Days Inventory Related Terms

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

Luzhou Xinglu Water (Group) Co (HKSE:02281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Luzhou Xinglu Water (Group) Co Ltd (HKSE:02281) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Baizi Road, Jiangyang District, Sichuan Province, Luzhou, CHN

Website

http://www.lzss.com

Luzhou Xinglu Water (Group) Co Ltd is a China-based company engages in the provision of integrated municipal water-related public utility services. The company is engaged in the provision of tap water supply and related installation and maintenance service, wastewater treatment service and construction service. It operates through two main segments the Tap Water Supply and Wastewater Treatment segments. The company derives maximum revenue from Tap Water Supply segment. Geographically, it operates in People's Republic of China.

Executives

Hwabao Trust Co., Ltd	2301 Trustee
Fei Zhanbo	2201 Interest of corporation controlled by you
Xin Tian Zhi Neng Xiang Gang You Xian Gong Si	2101 Beneficial owner
Xin Tian Ke Ji Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

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