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LingNan Eco & Culture-Tourism Co (SZSE:002717) Days Inventory : 91.98 (As of Jun. 2024)


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What is LingNan Eco & Culture-Tourism Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LingNan Eco & Culture-Tourism Co's Average Total Inventories for the three months ended in Jun. 2024 was ¥299 Mil. LingNan Eco & Culture-Tourism Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥297 Mil. Hence, LingNan Eco & Culture-Tourism Co's Days Inventory for the three months ended in Jun. 2024 was 91.98.

The historical rank and industry rank for LingNan Eco & Culture-Tourism Co's Days Inventory or its related term are showing as below:

SZSE:002717' s Days Inventory Range Over the Past 10 Years
Min: 18.64   Med: 200.5   Max: 269.11
Current: 68.74

During the past 13 years, LingNan Eco & Culture-Tourism Co's highest Days Inventory was 269.11. The lowest was 18.64. And the median was 200.50.

SZSE:002717's Days Inventory is ranked worse than
58.6% of 1430 companies
in the Construction industry
Industry Median: 46.52 vs SZSE:002717: 68.74

LingNan Eco & Culture-Tourism Co's Days Inventory increased from Jun. 2023 (49.33) to Jun. 2024 (91.98). It might indicate that LingNan Eco & Culture-Tourism Co'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. LingNan Eco & Culture-Tourism Co's Inventory Turnover for the three months ended in Jun. 2024 was 0.99.

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. LingNan Eco & Culture-Tourism Co's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.99.


LingNan Eco & Culture-Tourism Co Days Inventory Historical Data

The historical data trend for LingNan Eco & Culture-Tourism 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.

LingNan Eco & Culture-Tourism Co Days Inventory Chart

LingNan Eco & Culture-Tourism 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 164.54 18.64 24.29 34.90 53.46

LingNan Eco & Culture-Tourism Co Quarterly Data
Sep19 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 49.33 59.82 50.60 93.66 91.98

Competitive Comparison of LingNan Eco & Culture-Tourism Co's Days Inventory

For the Engineering & Construction subindustry, LingNan Eco & Culture-Tourism 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.


LingNan Eco & Culture-Tourism Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, LingNan Eco & Culture-Tourism Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where LingNan Eco & Culture-Tourism Co's Days Inventory falls into.



LingNan Eco & Culture-Tourism Co Days Inventory Calculation

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

LingNan Eco & Culture-Tourism 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
=( (316.987 + 293.152) / 2 ) / 2082.918*365
=305.0695 / 2082.918*365
=53.46

LingNan Eco & Culture-Tourism 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
=( (299.871 + 298.929) / 2 ) / 297.015*365 / 4
=299.4 / 297.015*365 / 4
=91.98

* 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.


LingNan Eco & Culture-Tourism Co  (SZSE:002717) 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.

LingNan Eco & Culture-Tourism 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.

LingNan Eco & Culture-Tourism 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.


LingNan Eco & Culture-Tourism Co Days Inventory Related Terms

Thank you for viewing the detailed overview of LingNan Eco & Culture-Tourism Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


LingNan Eco & Culture-Tourism Co Business Description

Traded in Other Exchanges
N/A
Address
No 3, Dongyuan Road, Dongcheng District, Guangdong Province, Dongguan, CHN, 523125
LingNan Eco & Culture-Tourism Co Ltd, formerly LingNan Landscape Co Ltd is engaged in the business of landscape planning and design, landscape construction, green conservation, nursery stock sales, among others.
Executives
Liu Yong Executives
Qin Guo Quan Directors, executives
Yin Hong Wei Director
Zhang Ping Directors, Directors, and Executives
Huang Jin Jie Executives
Liu Yu Ping Executives
Yan Guan Yu Director
Li Yan Mei Securities Affairs Representative
Wang Yu Biao Directors, executives
Zhu Xin Ning Director
Du Li Yan Executives
Zhang You Ming Executives
Qiu Tian Secretary, Director
Chen Gang Director
Feng Xue Gao Directors, executives

LingNan Eco & Culture-Tourism Co Headlines

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