LBTI (Lithium & Boron Technology) Days Inventory: 37.78 (As of Jun. 2022)

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LBTI Lithium & Boron Technology Inc LBTI
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What is Lithium & Boron Technology Days Inventory?

Lithium & Boron Technology LBTI 12 Days Inventory is 37.78 as of Jun. 2022. GuruFocus rates LBTI with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Lithium & Boron Technology's Average Total Inventories for the three months ended in Jun. 2022 was $0.14 Mil. Lithium & Boron Technology's Cost of Goods Sold for the three months ended in Jun. 2022 was $0.35 Mil. Hence, Lithium & Boron Technology's Days Inventory for the three months ended in Jun. 2022 was 37.78.

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

LBTI's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 80.14
* Ranked among companies with meaningful Days Inventory only.

Lithium & Boron Technology's Days Inventory increased from Jun. 2021 (24.81) to Jun. 2022 (37.78). It might indicate that Lithium & Boron Technology's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lithium & Boron Technology's Inventory Turnover for the three months ended in Jun. 2022 was 2.42.

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. Lithium & Boron Technology's Inventory-to-Revenue for the three months ended in Jun. 2022 was 0.47.


Lithium & Boron Technology  (OTCPK:LBTI) 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.

Lithium & Boron Technology's Inventory Turnover for the three months ended in Jun. 2022 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.

Lithium & Boron Technology's Inventory to Revenue for the three months ended in Jun. 2022 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.


Lithium & Boron Technology Days Inventory Related Terms


Lithium & Boron Technology Days Inventory Historical Data

* Premium members only.

The historical data trend for Lithium & Boron Technology'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.

Lithium & Boron Technology Days Inventory Chart

Lithium & Boron Technology Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 169.85 72.19 114.34 81.59 58.09

Lithium & Boron Technology Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 Premium Member Only Premium Member Only 24.81 29.73 0.00 0.00 37.78

LBTI vs ATYG, GRST, NXTFF: Days Inventory Comparison

For the Chemicals subindustry, Lithium & Boron Technology'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.


Lithium & Boron Technology Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lithium & Boron Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lithium & Boron Technology's Days Inventory falls into.


LBTI
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Lithium & Boron Technology Inc LBTI
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Lithium & Boron Technology Days Inventory Calculation

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

Lithium & Boron Technology's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (1.179 + 0.005) / 2 ) / 3.72*365
=0.592 / 3.72*365
=58.09

Lithium & Boron Technology's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (0.005 + 0.284) / 2 ) / 0.349*365 / 4
=0.1445 / 0.349*365 / 4
=37.78

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 37.78 mean?
Lithium & Boron Technology (LBTI) has a Days Inventory of 37.78 as of Jun. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Lithium & Boron Technology and its competitors.
Is Lithium & Boron Technology's Days Inventory too high?
Lithium & Boron Technology's current Days Inventory is 37.78. The Chemicals industry median Days Inventory is 80.14. Lithium & Boron Technology's value of 37.78 is 52.9% below this industry median. Overall, Lithium & Boron Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Lithium & Boron Technology's Days Inventory compare to ATYG and GRST?
Lithium & Boron Technology's Days Inventory of 37.78 can be compared against companies in the Chemicals industry. The industry median Days Inventory is 80.14. Lithium & Boron Technology's value of 37.78 is 52.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Chemicals company?
The median Days Inventory among Chemicals companies is 80.14, based on 1,555 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lithium & Boron Technology's current Days Inventory of 37.78 is 52.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Lithium & Boron Technology and its competitors. For the Chemicals industry, the median Days Inventory is 80.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lithium & Boron Technology's current Days Inventory is 37.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lithium & Boron Technology stock overvalued right now?
Lithium & Boron Technology (LBTI) has a current Days Inventory of 37.78. The current Days Inventory is 37.78 and 52.9% below the Chemicals industry median of 80.14. Lithium & Boron Technology's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Lithium & Boron Technology (LBTI), the current Days Inventory is 37.78 as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lithium & Boron Technology Business Description

Address 60 East Ren-Min Road, Xai Xi County, Qing Hai Province, Da-Chai Dan, CHN, 817000
Lithium & Boron Technology Inc is a Chinese boric acid manufacturing company. The company focuses on the comprehensive development and utilization of salt lake resources and product research and development, and is a resource-based enterprise integrating boron ore mining, boric acid production, deep processing of borate compounds, and production and sales of industrial salt.
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