Legend Holdings (HKSE:03396) Days Inventory : 44.15 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Legend Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Legend Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$52,212 Mil. Legend Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$215,823 Mil. Hence, Legend Holdings's Days Inventory for the six months ended in Dec. 2023 was 44.15.

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

HKSE:03396' s Days Inventory Range Over the Past 10 Years
Min: 32.71 Med: 48.18 Max: 71.54
Current: 51.22

During the past 10 years, Legend Holdings's highest Days Inventory was 71.54. The lowest was 32.71. And the median was 48.18.

HKSE:03396's Days Inventory is ranked better than
80.78% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs HKSE:03396: 51.22

Legend Holdings's Days Inventory declined from Dec. 2022 (56.63) to Dec. 2023 (44.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Legend Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 4.13.

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. Legend Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.20.

Legend Holdings Days Inventory Historical Data

The historical data trend for Legend Holdings'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.

Legend Holdings Days Inventory Chart

Legend Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

34.63

37.98

45.13

55.78

53.20

Legend Holdings 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															48.06	59.60	56.63	57.34	44.15

Competitive Comparison of Legend Holdings's Days Inventory

For the Computer Hardware subindustry, Legend Holdings'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.

Legend Holdings's Days Inventory Distribution in the Hardware Industry

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

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

Legend Holdings Days Inventory Calculation

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

Legend Holdings'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
=	( (63916.413	+	52665.884)	/	2 )	/	399895.65	*	365
=	58291.1485					/	399895.65	*	365
=	53.20

Legend Holdings'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
=	( (51758.786	+	52665.884)	/	2 )	/	215823.194	*	365 / 2
=	52212.335					/	215823.194	*	365 / 2
=	44.15

Legend Holdings (HKSE:03396) 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.

Legend Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	215823.194	/	52212.335
	=	4.13

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.

Legend Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	52212.335	/	261189.38
	=	0.20

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.

Legend Holdings Days Inventory Related Terms

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

Legend Holdings (HKSE:03396) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Legend Holdings Ltd (HKSE:03396) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

1PC:Germany

Address

Room 1701, 17th Floor, Block 1, Court No. 2, Ke Xue Yuan Nanlu, Haidian District, Beinjing, CHN, 100190

Website

http://www.legendholdings.com.cn

Legend Holdings Ltd is a diversified industrial and investment group in China. The Company operates its business through two sectors: industrial operations and industrial incubations and investments. The Industrial operations segment includes Lenovo, which is mainly engaged in providing innovative intelligent devices and infrastructure, and creates intelligent solutions, services and software. Levima Group, which mainly engaged in the research and development, production and sales of advanced material products. The industrial incubations and investments includes Which is engaged in investment in the PE Funds and VC Funds as a limited partner and holds interest in the general partners of certain funds.

Executives

Bei Jing Lian Heng Yong Xin Tou Zi Zhong Xin You Xian He Huo	2101 Beneficial owner
Bei Jing Lian Heng Yong Kang Guan Li Zi Xun You Xian Gong Si	2201 Interest of corporation controlled by you
Liu Chuanzhi
Liu Chuanzhi	2101 Beneficial owner
Bei Jing Lian Chi Zhi Tong Guan Li Zi Xun You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Bei Jing Lian Chi Zhi Yuan Guan Li Zi Xun Zhong Xin You Xian He Huo	2101 Beneficial owner

Legend Holdings (HKSE:03396) Headlines

No Headlines