Leader Environmental Technologies (SGX:LS9) Days Inventory : 65.28 (As of Dec. 2023)

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What is Leader Environmental Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Leader Environmental Technologies's Average Total Inventories for the six months ended in Dec. 2023 was S$1.26 Mil. Leader Environmental Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was S$3.53 Mil. Hence, Leader Environmental Technologies's Days Inventory for the six months ended in Dec. 2023 was 65.28.

The historical rank and industry rank for Leader Environmental Technologies's Days Inventory or its related term are showing as below:

SGX:LS9' s Days Inventory Range Over the Past 10 Years
Min: 4.95 Med: 14.78 Max: 97.89
Current: 97.89

During the past 13 years, Leader Environmental Technologies's highest Days Inventory was 97.89. The lowest was 4.95. And the median was 14.78.

SGX:LS9's Days Inventory is ranked better than
62.82% of 2913 companies
in the Industrial Products industry
Industry Median: 120.53 vs SGX:LS9: 97.89

Leader Environmental Technologies's Days Inventory increased from Dec. 2022 (31.21) to Dec. 2023 (65.28). It might indicate that Leader Environmental Technologies's sales slowed down.

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. Leader Environmental Technologies's Inventory Turnover for the six months ended in Dec. 2023 was 2.80.

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. Leader Environmental Technologies's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.25.

Leader Environmental Technologies Days Inventory Historical Data

The historical data trend for Leader Environmental Technologies'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.

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Leader Environmental Technologies Days Inventory Chart

Leader Environmental Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

14.79

31.67

6.26

29.61

93.93

Leader Environmental Technologies 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															2.72	14.98	31.21	224.77	65.28

Competitive Comparison of Leader Environmental Technologies's Days Inventory

For the Pollution & Treatment Controls subindustry, Leader Environmental Technologies'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.

Leader Environmental Technologies's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Leader Environmental Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Leader Environmental Technologies's Days Inventory falls into.

Leader Environmental Technologies Days Inventory Calculation

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

Leader Environmental Technologies'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
=	( (1.103	+	1.213)	/	2 )	/	4.5	*	365
=	1.158					/	4.5	*	365
=	93.93

Leader Environmental Technologies'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
=	( (1.311	+	1.213)	/	2 )	/	3.528	*	365 / 2
=	1.262					/	3.528	*	365 / 2
=	65.28

Leader Environmental Technologies (SGX:LS9) 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.

Leader Environmental Technologies's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.528	/	1.262
	=	2.80

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.

Leader Environmental Technologies's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.262	/	5.147
	=	0.25

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.

Leader Environmental Technologies Days Inventory Related Terms

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

Leader Environmental Technologies (SGX:LS9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Leader Environmental Technologies Ltd (SGX:LS9) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Guang Yuan Dong Road Bo Hui Street, No. 6 Block E Unit 608, Tian He District, Guangzhou, CHN

Website

https://www.leaderet.com

Leader Environmental Technologies Ltd is engaged in the research and development, design, manufacturing, assembly, installation and support services of environmental protection systems, primarily for industrial waste gas and wastewater treatments. The company operates in the segments of, (i) provision of engineering solution services in respect of sludge and water treatment, (ii) AIWater (ie. artificial intelligence technology in water treatment) and sludge treatment services, (iii) manufacturing of high-performance membrane products, and (iv) others.

Leader Environmental Technologies (SGX:LS9) Headlines

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