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LX Technology Group (HKSE:02436) Days Inventory : 14.10 (As of Dec. 2024)


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What is LX Technology Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LX Technology Group's Average Total Inventories for the six months ended in Dec. 2024 was HK$109 Mil. LX Technology Group's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$1,415 Mil. Hence, LX Technology Group's Days Inventory for the six months ended in Dec. 2024 was 14.10.

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

HKSE:02436' s Days Inventory Range Over the Past 10 Years
Min: 15.41   Med: 25.29   Max: 39.91
Current: 15.93

During the past 6 years, LX Technology Group's highest Days Inventory was 39.91. The lowest was 15.41. And the median was 25.29.

HKSE:02436's Days Inventory is ranked better than
96.98% of 2386 companies
in the Hardware industry
Industry Median: 96.04 vs HKSE:02436: 15.93

LX Technology Group's Days Inventory declined from Dec. 2023 (17.76) to Dec. 2024 (14.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. LX Technology Group's Inventory Turnover for the six months ended in Dec. 2024 was 12.94.

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. LX Technology Group's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.07.


LX Technology Group Days Inventory Historical Data

The historical data trend for LX Technology 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.

LX Technology Group Days Inventory Chart

LX Technology Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial 34.44 30.88 19.70 17.44 15.41

LX Technology Group Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.35 20.98 17.76 19.49 14.10

Competitive Comparison of LX Technology Group's Days Inventory

For the Computer Hardware subindustry, LX Technology 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.


LX Technology Group's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LX Technology Group's Days Inventory distribution charts can be found below:

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


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LX Technology Group Days Inventory Calculation

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

LX Technology Group's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (86.398 + 109.759) / 2 ) / 2322.529*365
=98.0785 / 2322.529*365
=15.41

LX Technology Group's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (108.939 + 109.759) / 2 ) / 1415.31*365 / 2
=109.349 / 1415.31*365 / 2
=14.10

* 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.


LX Technology Group  (HKSE:02436) 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.

LX Technology Group's Inventory Turnover for the six months ended in Dec. 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.

LX Technology Group's Inventory to Revenue for the six months ended in Dec. 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.


LX Technology Group Days Inventory Related Terms

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


LX Technology Group Business Description

Traded in Other Exchanges
N/A
Address
10 Kaifeng Road, Meilin Street, 501, 5th Floor Cuilin Building, International financial technology city, Maling District, Futian District, Shenzhen, CHN
LX Technology Group Ltd is a device as a service provider in China. It is principally engaged in the sales of refurbished de-commissioned IT devices to, among others, resellers of IT devices, and the provision of the device and IT technical subscription services to SMEs in China. The segments of the company are the Device recycling business and Device subscription services, from which the company earns maximum revenue from the Device recycling business.
Executives
Hu Zuoxiong 2201 Interest of corporation controlled by you
Teeroy Limited 2301 Trustee
Hua Baocheng 2101 Beneficial owner
Beauty Bear Technology Limited 2101 Beneficial owner
Tricor Trust (hong Kong) Limited 2301 Trustee
Chen Wei 2201 Interest of corporation controlled by you
Zhong Xiao Qi Ye Fa Zhan Ji Jin Shen Zhen Nan Shan You Xian He Huo 2201 Interest of corporation controlled by you
Shen Zhen Shi Fu Hai Zhong Xiao Qi Ye Fa Zhan Ji Jin Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Yu Jun Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Shang Hai Tong Yun Xin Xi Ji Shu He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Shen Zhen Shi Da Chen Cai Zhi Chuang Ye Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Hu Nan Dian Guang Chuan Mei Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Shi Dong Fang Fu Hai Tou Zi Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Ubs Trustees (b.v.i.) Limited 2301 Trustee
Lx Brothers Technology Limited 2101 Beneficial owner

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