J-Long Group (J-Long Group) Days Sales Outstanding : 24.57 (As of Mar. 2023)

View and export this data going back to 2024. Start your Free Trial

What is J-Long Group Days Sales Outstanding?

J-Long Group's average Accounts Receivable for the six months ended in Mar. 2023 was $2.58 Mil. J-Long Group's Revenue for the six months ended in Mar. 2023 was $38.29 Mil. Hence, J-Long Group's Days Sales Outstanding for the six months ended in Mar. 2023 was 12.28.

The historical rank and industry rank for J-Long Group's Days Sales Outstanding or its related term are showing as below:

JL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.57 Med: 28.62 Max: 45.83
Current: 24.57

During the past 3 years, J-Long Group's highest Days Sales Outstanding was 45.83. The lowest was 24.57. And the median was 28.62.

JL's Days Sales Outstanding is ranked better than
84.27% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.075 vs JL: 24.57

J-Long Group's Days Sales Outstanding declined from Mar. 2021 (45.83) to Mar. 2023 (24.57).

J-Long Group Days Sales Outstanding Historical Data

The historical data trend for J-Long Group's Days Sales Outstanding 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 Sales Outstanding Chart

J-Long Group Annual Data

Trend

Mar21

Mar22

Mar23

Days Sales Outstanding

45.83

28.62

24.57

J-Long Group Semi-Annual Data
	Mar21	Mar22	Mar23
Days Sales Outstanding	45.83	28.62	24.57

Competitive Comparison of J-Long Group's Days Sales Outstanding

For the Apparel Manufacturing subindustry, J-Long Group's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, J-Long Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where J-Long Group's Days Sales Outstanding falls into.

J-Long Group Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

J-Long Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (3.052	+	2.103)	/	2 )	/	38.292	*	365
=	2.5775					/	38.292	*	365
=	24.57

J-Long Group's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (3.052	+	2.103)	/	2 )	/	38.292	*	365 / 2
=	2.5775					/	38.292	*	365 / 2
=	12.28

J-Long Group (NAS:JL) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

J-Long Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of J-Long Group's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

J-Long Group (J-Long Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » J-Long Group Ltd (NAS:JL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

32-40 Wang Lung Street, Flat F, 8th Floor, Houston Industrial Building, Tsuen Wan New Territories, Hong Kong, HKG

Website

https://www.j-long.com

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.

J-Long Group (J-Long Group) Headlines

From GuruFocus

J-Long Group Limited Receives Nasdaq Deficiency Notice Regarding Minimum Bid Price Requirement

By Marketwired • 05-16-2024