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Lisheng Sports (Shanghai) Co (SZSE:002858) Days Inventory : 66.03 (As of Mar. 2024)


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What is Lisheng Sports (Shanghai) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lisheng Sports (Shanghai) Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥49.2 Mil. Lisheng Sports (Shanghai) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥68.0 Mil. Hence, Lisheng Sports (Shanghai) Co's Days Inventory for the three months ended in Mar. 2024 was 66.03.

The historical rank and industry rank for Lisheng Sports (Shanghai) Co's Days Inventory or its related term are showing as below:

SZSE:002858' s Days Inventory Range Over the Past 10 Years
Min: 15.46   Med: 41.43   Max: 97.49
Current: 70.39

During the past 13 years, Lisheng Sports (Shanghai) Co's highest Days Inventory was 97.49. The lowest was 15.46. And the median was 41.43.

SZSE:002858's Days Inventory is ranked worse than
67.68% of 659 companies
in the Media - Diversified industry
Industry Median: 25.44 vs SZSE:002858: 70.39

Lisheng Sports (Shanghai) Co's Days Inventory declined from Mar. 2023 (108.92) to Mar. 2024 (66.03).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lisheng Sports (Shanghai) Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.38.

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. Lisheng Sports (Shanghai) Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.47.


Lisheng Sports (Shanghai) Co Days Inventory Historical Data

The historical data trend for Lisheng Sports (Shanghai) 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.

Lisheng Sports (Shanghai) Co Days Inventory Chart

Lisheng Sports (Shanghai) 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 43.87 96.23 91.85 97.49 64.21

Lisheng Sports (Shanghai) 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 108.92 103.90 82.47 51.07 66.03

Competitive Comparison of Lisheng Sports (Shanghai) Co's Days Inventory

For the Entertainment subindustry, Lisheng Sports (Shanghai) 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.


Lisheng Sports (Shanghai) Co's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Lisheng Sports (Shanghai) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lisheng Sports (Shanghai) Co's Days Inventory falls into.



Lisheng Sports (Shanghai) Co Days Inventory Calculation

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

Lisheng Sports (Shanghai) 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
=( (61.871 + 49.481) / 2 ) / 316.489*365
=55.676 / 316.489*365
=64.21

Lisheng Sports (Shanghai) 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
=( (49.481 + 48.943) / 2 ) / 68.012*365 / 4
=49.212 / 68.012*365 / 4
=66.03

* 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.


Lisheng Sports (Shanghai) Co  (SZSE:002858) 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.

Lisheng Sports (Shanghai) 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.

Lisheng Sports (Shanghai) 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.


Lisheng Sports (Shanghai) Co Days Inventory Related Terms

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


Lisheng Sports (Shanghai) Co (SZSE:002858) Business Description

Traded in Other Exchanges
N/A
Address
No. 3000 Shenzhuan Road, Sheshan Town, Songjiang District, Shanghai, CHN, 200335
Lisheng Sports (Shanghai) Co Ltd operates as car sports and racing culture media company. Its business activities include planning, organizing, and operation of events; operation of various types of motorsports venues; racing team; racing training center; and provides customers with marketing strategies and solutions.

Lisheng Sports (Shanghai) Co (SZSE:002858) Headlines

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