GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lian Fa International Dining Business Co (ROCO:2756) » Definitions » Days Inventory

Lian Fa International Dining Business Co (ROCO:2756) Days Inventory : 47.97 (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Lian Fa International Dining Business Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lian Fa International Dining Business Co's Average Total Inventories for the three months ended in Jun. 2024 was NT$32.9 Mil. Lian Fa International Dining Business Co's Cost of Goods Sold for the three months ended in Jun. 2024 was NT$62.6 Mil. Hence, Lian Fa International Dining Business Co's Days Inventory for the three months ended in Jun. 2024 was 47.97.

The historical rank and industry rank for Lian Fa International Dining Business Co's Days Inventory or its related term are showing as below:

ROCO:2756' s Days Inventory Range Over the Past 10 Years
Min: 26.71   Med: 38.18   Max: 47.07
Current: 46.11

During the past 5 years, Lian Fa International Dining Business Co's highest Days Inventory was 47.07. The lowest was 26.71. And the median was 38.18.

ROCO:2756's Days Inventory is ranked better than
78.34% of 1828 companies
in the Consumer Packaged Goods industry
Industry Median: 83.44 vs ROCO:2756: 46.11

Lian Fa International Dining Business Co's Days Inventory increased from Jun. 2023 (41.10) to Jun. 2024 (47.97). It might indicate that Lian Fa International Dining Business Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lian Fa International Dining Business Co's Inventory Turnover for the three months ended in Jun. 2024 was 1.90.

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. Lian Fa International Dining Business Co's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.20.


Lian Fa International Dining Business Co Days Inventory Historical Data

The historical data trend for Lian Fa International Dining Business 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.

Lian Fa International Dining Business Co Days Inventory Chart

Lian Fa International Dining Business Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
31.02 39.06 26.71 38.18 47.07

Lian Fa International Dining Business Co Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 41.10 37.47 51.62 50.28 47.97

Competitive Comparison of Lian Fa International Dining Business Co's Days Inventory

For the Packaged Foods subindustry, Lian Fa International Dining Business 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.


Lian Fa International Dining Business Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lian Fa International Dining Business Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lian Fa International Dining Business Co's Days Inventory falls into.



Lian Fa International Dining Business Co Days Inventory Calculation

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

Lian Fa International Dining Business 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
=( (38.516 + 37.215) / 2 ) / 293.638*365
=37.8655 / 293.638*365
=47.07

Lian Fa International Dining Business 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: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (30.69 + 35.158) / 2 ) / 62.635*365 / 4
=32.924 / 62.635*365 / 4
=47.97

* 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.


Lian Fa International Dining Business Co  (ROCO:2756) 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.

Lian Fa International Dining Business Co's Inventory Turnover for the three months ended in Jun. 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.

Lian Fa International Dining Business Co's Inventory to Revenue for the three months ended in Jun. 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.


Lian Fa International Dining Business Co Days Inventory Related Terms

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


Lian Fa International Dining Business Co Business Description

Traded in Other Exchanges
N/A
Address
No. 95, Xintai 5th Road, 18th Floor, Section 1, Xizhi District, New Taipei City, TWN
Lian Fa International Dining Business Co is engaged in the distribution and selling of tea-based beverages and ingredients. Its signature beverages include foam black tea and milk bubble tea.

Lian Fa International Dining Business Co Headlines

No Headlines