Days Inventory is also known as Days Sales of Inventory (DSI). J-Long Group's Average Total Inventories for the
six
months ended in Mar. 2023 was $4.15 Mil. J-Long Group's Cost of Goods Sold for the
six
months ended in Mar. 2023 was $28.25 Mil.
Hence, J-Long Group's Days Inventory for the
six
months ended in Mar. 2023 was 26.79.
The historical rank and industry rank for J-Long Group's Days Inventory or its related term are showing as below:
JL'
s Days Inventory Range Over the Past 10 Years
Min: 28.6 Med: 41.12 Max: 53.58
Current: 53.58
During the past 3 years, J-Long Group's highest Days Inventory was 53.58. The lowest was 28.60. And the median was 41.12.
J-Long Group's Days Inventory
increased
from Mar. 2021 (41.12) to Mar. 2023 (53.58).
It might indicate that J-Long Group'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.
J-Long Group's Inventory Turnover for the
six
months ended in Mar. 2023 was 6.81.
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.
J-Long Group's Inventory-to-Revenue for the
six
months ended in Mar. 2023 was 0.11.
J-Long Group Days Inventory Historical Data
The historical data trend for J-Long Group'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.
J-Long Group Days Inventory Chart
J-Long Group Annual Data
Trend
Mar21
Mar22
Mar23
Days Inventory
41.12
28.60
53.58
J-Long Group Semi-Annual Data
Mar21
Mar22
Mar23
Days Inventory
41.12
28.60
53.58
Competitive Comparison of J-Long Group's Days Inventory
For the Apparel Manufacturing subindustry, J-Long Group'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.
J-Long Group's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, J-Long Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where J-Long Group's Days Inventory falls into.
J-Long Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
J-Long Group's Days Inventory for the fiscal year that ended in Mar. 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.
J-Long Group (NAS:JL) 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.
J-Long Group's Inventory Turnover for the
six
months ended in Mar. 2023 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.
J-Long Group's Inventory to Revenue for the
six
months ended in Mar. 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.
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.
J-Long Group Days Inventory Related Terms
Thank you for viewing the detailed overview of J-Long Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
J-Long Group Ltd is an established distributor in Hong Kong of reflective and non-reflective garment trims including, among others, heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers and drawcords. It also offers a wide range of apparel solution services to cater to its customers' needs for reflective and non-reflective garment trims, ranging from market trend analysis, product design and development and production to quality control.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
JL has been successfully added to your