GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Goldlok Holdings (Guangdong) Co Ltd (SZSE:002348) » Definitions » Days Inventory

Goldlok Holdings (Guangdong) Co (SZSE:002348) Days Inventory : 126.14 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Goldlok Holdings (Guangdong) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Goldlok Holdings (Guangdong) Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥50.7 Mil. Goldlok Holdings (Guangdong) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥36.6 Mil. Hence, Goldlok Holdings (Guangdong) Co's Days Inventory for the three months ended in Mar. 2024 was 126.14.

The historical rank and industry rank for Goldlok Holdings (Guangdong) Co's Days Inventory or its related term are showing as below:

SZSE:002348' s Days Inventory Range Over the Past 10 Years
Min: 63.28   Med: 97.17   Max: 123.18
Current: 108.36

During the past 13 years, Goldlok Holdings (Guangdong) Co's highest Days Inventory was 123.18. The lowest was 63.28. And the median was 97.17.

SZSE:002348's Days Inventory is ranked worse than
71.11% of 668 companies
in the Travel & Leisure industry
Industry Median: 37.185 vs SZSE:002348: 108.36

Goldlok Holdings (Guangdong) Co's Days Inventory declined from Mar. 2023 (169.67) to Mar. 2024 (126.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. Goldlok Holdings (Guangdong) Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.72.

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. Goldlok Holdings (Guangdong) Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.11.


Goldlok Holdings (Guangdong) Co Days Inventory Historical Data

The historical data trend for Goldlok Holdings (Guangdong) 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.

Goldlok Holdings (Guangdong) Co Days Inventory Chart

Goldlok Holdings (Guangdong) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.50 116.81 95.56 107.85 104.00

Goldlok Holdings (Guangdong) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 169.67 118.14 91.58 114.71 126.14

Competitive Comparison of Goldlok Holdings (Guangdong) Co's Days Inventory

For the Leisure subindustry, Goldlok Holdings (Guangdong) 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.


Goldlok Holdings (Guangdong) Co's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Goldlok Holdings (Guangdong) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Goldlok Holdings (Guangdong) Co's Days Inventory falls into.



Goldlok Holdings (Guangdong) Co Days Inventory Calculation

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

Goldlok Holdings (Guangdong) 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
=( (62.509 + 51.739) / 2 ) / 200.474*365
=57.124 / 200.474*365
=104.00

Goldlok Holdings (Guangdong) Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (51.739 + 49.578) / 2 ) / 36.647*365 / 4
=50.6585 / 36.647*365 / 4
=126.14

* 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.


Goldlok Holdings (Guangdong) Co  (SZSE:002348) 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.

Goldlok Holdings (Guangdong) Co's Inventory Turnover for the three months ended in Mar. 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.

Goldlok Holdings (Guangdong) Co's Inventory to Revenue for the three months ended in Mar. 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.


Goldlok Holdings (Guangdong) Co Days Inventory Related Terms

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


Goldlok Holdings (Guangdong) Co (SZSE:002348) Business Description

Traded in Other Exchanges
N/A
Address
14 Science Museum Road, Room 711-717, 7th Floor, Tower A, New Madarin Plaza, Tsimshatsui East Kowloon, Hong Kong, HKG
Goldlok Holdings (Guangdong) Co Ltd is a toy manufacturer with production plants based in China. It is engaged in the research, development, manufacture, and distribution of electronic and electrical plastic toys. The company produces various kinds of toys and children's products which it sells in China and other international countries. Some of its products include electric trains, remote control simulated planes, robot toys, electrical automobile toys, dolls and magnetic word pads for learning, among others. It distributes its products in domestic and overseas markets, such as the United States, Latin America, the European Union and other Asian regions.

Goldlok Holdings (Guangdong) Co (SZSE:002348) Headlines

No Headlines