The historical rank and industry rank for Luthai Textile Co's Days Inventory or its related term are showing as below:
SZSE:200726'
s Days Inventory Range Over the Past 10 Years
Min: 146.43 Med: 160.97 Max: 215.33
Current: 173.8
During the past 13 years, Luthai Textile Co's highest Days Inventory was 215.33. The lowest was 146.43. And the median was 160.97.
SZSE:200726's Days Inventory is ranked worse than 65.08% of 1011
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.14
vs SZSE:200726: 173.80
Luthai Textile Co's Days Inventory
increased
from Mar. 2023 (175.20) to Mar. 2024 (180.86).
It might indicate that Luthai Textile Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Luthai Textile Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.50.
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.
Luthai Textile Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.52.
Luthai Textile Co Days Inventory Historical Data
The historical data trend for Luthai Textile 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.
Competitive Comparison of Luthai Textile Co's Days Inventory
For the Textile Manufacturing subindustry, Luthai Textile 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.
Luthai Textile Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Luthai Textile Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Luthai Textile Co's Days Inventory falls into.
Luthai Textile Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Luthai Textile Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Luthai Textile Co (SZSE:200726) 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.
Luthai Textile 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.
Luthai Textile 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.
Luthai Textile Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Luthai Textile Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Luthai Textile Co (SZSE:200726) Business Description
Luthai Textile Co Ltd is a China-based company. Its business includes the production, processing and sales business of cotton yarn, yarn dyed fabrics, shirts, fashion accessories, health underwear and other textile products and their mating products; design, Research and development, technology services of the textile and garment products. It has four segments which are Textile and apparel, Cotton, Electricity and steam, and Other. Most of the revenue generated from the Textile and apparel segment.
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