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Jerash Holdings (US) (Jerash Holdings (US)) Inventory-to-Revenue : 0.63 (As of Dec. 2023)


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What is Jerash Holdings (US) Inventory-to-Revenue?

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. Jerash Holdings (US)'s Average Total Inventories for the quarter that ended in Dec. 2023 was $17.3 Mil. Jerash Holdings (US)'s Revenue for the three months ended in Dec. 2023 was $27.5 Mil. Jerash Holdings (US)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.63.

Jerash Holdings (US)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.64) to Sep. 2023 (0.63)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jerash Holdings (US)'s Days Inventory for the three months ended in Dec. 2023 was 68.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jerash Holdings (US)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 1.33.


Jerash Holdings (US) Inventory-to-Revenue Historical Data

The historical data trend for Jerash Holdings (US)'s Inventory-to-Revenue 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.

Jerash Holdings (US) Inventory-to-Revenue Chart

Jerash Holdings (US) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.24 0.24 0.26 0.19 0.22

Jerash Holdings (US) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue 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 0.73 1.25 0.81 0.64 0.63

Competitive Comparison of Jerash Holdings (US)'s Inventory-to-Revenue

For the Apparel Manufacturing subindustry, Jerash Holdings (US)'s Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Jerash Holdings (US)'s Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jerash Holdings (US)'s Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Jerash Holdings (US)'s Inventory-to-Revenue falls into.



Jerash Holdings (US) Inventory-to-Revenue Calculation

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.

Jerash Holdings (US)'s Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (28.255 + 32.657) / 2 ) / 138.063
=30.456 / 138.063
=0.22

Jerash Holdings (US)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (18.714 + 15.938) / 2 ) / 27.52
=17.326 / 27.52
=0.63

* 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.


Jerash Holdings (US)  (NAS:JRSH) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Jerash Holdings (US)'s Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=17.326/23.058*365 / 4
=68.57

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Jerash Holdings (US)'s Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=23.058 / 17.326
=1.33

* 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.


Jerash Holdings (US) Inventory-to-Revenue Related Terms

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Jerash Holdings (US) (Jerash Holdings (US)) Business Description

Traded in Other Exchanges
N/A
Address
277 Fairfield Road, Suite 338, Fairfield, NJ, USA, 07004
Jerash Holdings (US) Inc along with its subsidiaries is a manufacturer and exporter of customized, ready-made sport and outerwear from knitted fabric from its production facilities in Jordan. The company manufactures for retailers namely Walmart, Costco, Sears, Hanes, Columbia, Land's End, VF Corporation, and Philip-Van Heusen which owns brands such as The North Face, Nautica, Timberland, Wrangler, Lee, Jansport, Calvin Klein, Tommy Hilfiger, IZOD, Speedo etc. It derives its revenue from the manufacturing and sales of outerwear in the United States. The company's product offering consists of jackets, polo shirts, crew neck shirts, pants and shorts made from knitted fabric.
Executives
Chi Yan Mak director 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Kian Tjiauw Lee 10 percent owner 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Lin Hung Choi director, 10 percent owner, officer: Chairman/CEO/Pres./Treasurer 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Yang Wei director, officer: Vice President and Secretary 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Tsze Lun Ng 10 percent owner 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Bill Korn director 61 DARREN DRIVE, BASKING RIDGE NJ 07920
Ibrahim H. Saif director 1 ZOHD STREET, RAWABI PROVINCE SWEIFIEH, AMMAN M2 11185
Gilbert K. Lee officer: Chief Financial Officer 260 EAST MAIN STREET, SUITE 2706, ROCHESTER NY 14604
Gary J. Haseley director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Karl Brenza officer: Head of U.S. Operations 26 CHERRY STREET, KATONAH NY 10536
Richard J. Shaw officer: Chief Financial Officer 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Sean Socha director 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001