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Leone Asset Management (Leone Asset Management) Days Inventory : 2,451.31 (As of Dec. 2018)


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What is Leone Asset Management Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Leone Asset Management's Average Total Inventories for the three months ended in Dec. 2018 was $0.30 Mil. Leone Asset Management's Cost of Goods Sold for the three months ended in Dec. 2018 was $0.01 Mil. Hence, Leone Asset Management's Days Inventory for the three months ended in Dec. 2018 was 2,451.31.

The historical rank and industry rank for Leone Asset Management's Days Inventory or its related term are showing as below:

LEON's Days Inventory is not ranked *
in the Conglomerates industry.
Industry Median: 72.5
* Ranked among companies with meaningful Days Inventory only.

Leone Asset Management's Days Inventory increased from Dec. 2017 (22.81) to Dec. 2018 (2,451.31). It might indicate that Leone Asset Management's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Leone Asset Management's Inventory Turnover for the three months ended in Dec. 2018 was 0.04.

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. Leone Asset Management's Inventory-to-Revenue for the three months ended in Dec. 2018 was 4.41.


Leone Asset Management Days Inventory Historical Data

The historical data trend for Leone Asset Management'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.

Leone Asset Management Days Inventory Chart

Leone Asset Management Annual Data
Trend Dec07 Dec08 Dec09 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 43.70 332.30

Leone Asset Management Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Dec12 Mar13 Dec13 Dec14 Dec15 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 22.81 18.59 249.65 923.91 2,451.31

Competitive Comparison of Leone Asset Management's Days Inventory

For the Conglomerates subindustry, Leone Asset Management'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.


Leone Asset Management's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Leone Asset Management's Days Inventory distribution charts can be found below:

* The bar in red indicates where Leone Asset Management's Days Inventory falls into.



Leone Asset Management Days Inventory Calculation

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

Leone Asset Management's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0.017 + 0.298) / 2 ) / 0.173*365
=0.1575 / 0.173*365
=332.30

Leone Asset Management's Days Inventory for the quarter that ended in Dec. 2018 is calculated as:

Days Inventory (Q: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2018 ) + Total Inventories (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (0.293 + 0.298) / 2 ) / 0.011*365 / 4
=0.2955 / 0.011*365 / 4
=2,451.31

* 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.


Leone Asset Management  (OTCPK:LEON) 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.

Leone Asset Management's Inventory Turnover for the three months ended in Dec. 2018 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.

Leone Asset Management's Inventory to Revenue for the three months ended in Dec. 2018 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.


Leone Asset Management Days Inventory Related Terms

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


Leone Asset Management (Leone Asset Management) Business Description

Traded in Other Exchanges
N/A
Address
801 West Bay Drive, Suite 715, Largo, FL, USA, 33770
Leone Asset Management Inc is a multi-national, multi-industry conglomerate with subsidiary companies that operate in Health and Wellness, Research and Development, Agriculture Management and Infrastructure development. The company provides services such as Health and Nutrition Products Manufacturing and Distribution to its clients.

Leone Asset Management (Leone Asset Management) Headlines

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