Laopu Gold Co (HKSE:06181) Days Inventory : 150.08 (As of Jun. 2024)

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What is Laopu Gold Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Laopu Gold Co's Average Total Inventories for the six months ended in Jun. 2024 was HK$1,828 Mil. Laopu Gold Co's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$2,223 Mil. Hence, Laopu Gold Co's Days Inventory for the six months ended in Jun. 2024 was 150.08.

The historical rank and industry rank for Laopu Gold Co's Days Inventory or its related term are showing as below:

HKSE:06181' s Days Inventory Range Over the Past 10 Years
Min: 182.03 Med: 378.13 Max: 400.75
Current: 182.03

During the past 4 years, Laopu Gold Co's highest Days Inventory was 400.75. The lowest was 182.03. And the median was 378.13.

HKSE:06181's Days Inventory is ranked worse than
73.22% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 106.33 vs HKSE:06181: 182.03

Laopu Gold Co's Days Inventory declined from Jun. 2023 (181.78) to Jun. 2024 (150.08).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Laopu Gold Co's Inventory Turnover for the six months ended in Jun. 2024 was 1.22.

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. Laopu Gold Co's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.48.

Laopu Gold Co Days Inventory Historical Data

The historical data trend for Laopu Gold 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.

* Premium members only.

Laopu Gold Co Days Inventory Chart

Laopu Gold Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Days Inventory

378.13

400.75

206.61

196.45

Laopu Gold Co Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial			-	181.78	226.73	150.08	192.92

Competitive Comparison of Laopu Gold Co's Days Inventory

For the Luxury Goods subindustry, Laopu Gold 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.

Laopu Gold Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Laopu Gold Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Laopu Gold Co's Days Inventory falls into.

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Laopu Gold Co Days Inventory Calculation

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

Laopu Gold 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
=	( (901.006	+	1386.837)	/	2 )	/	2020.874	*	365
=	1143.9215					/	2020.874	*	365
=	206.61

Laopu Gold Co'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
=	( (1386.837	+	2269.814)	/	2 )	/	2223.281	*	365 / 2
=	1828.3255					/	2223.281	*	365 / 2
=	150.08

Laopu Gold Co (HKSE:06181) 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.

Laopu Gold Co's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2223.281	/	1828.3255
	=	1.22

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.

Laopu Gold Co's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1828.3255	/	3789.632
	=	0.48

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.

Laopu Gold Co Days Inventory Related Terms

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

Laopu Gold Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Laopu Gold Co Ltd (HKSE:06181) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Dong Chang’an Avenue, No. 3 West Building, Rooms 3-6, 6th floor, The Towers at Oriental Plaza, Dongcheng District, Beijing, CHN

Website

http://www.lphj.com

Laopu Gold Co Ltd is a Chinese heritage gold jewelry brand. It design, manufacture and sell pure gold jewelry which combines ancient wisdom and modern fashions. Our gold jewelry products primarily comprise pure gold jewelry and gem-set jewelry (with diamonds or other gemstones inlaid in pure gold) The company operated 33 boutiques in reputable commercial centers in 14 cities across China.

Executives

Xu Dongbo
Xu Gaoming
Beijing Hongqiao Jinji Consulting Co., Ltd.
Chen Guodong
Tianjin Jincheng Enterprise Management Consulting L.p. (limited Partnership)	2101 Beneficial owner
Huang River Investment Limited
Tencent Holdings Limited

Laopu Gold Co Headlines

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