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JX Luxventure (JX Luxventure) Days Inventory

: 29.64 (As of Jun. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). JX Luxventure's Average Total Inventories for the six months ended in Jun. 2023 was $2.97 Mil. JX Luxventure's Cost of Goods Sold for the six months ended in Jun. 2023 was $18.29 Mil. Hence, JX Luxventure's Days Inventory for the six months ended in Jun. 2023 was 29.64.

The historical rank and industry rank for JX Luxventure's Days Inventory or its related term are showing as below:

JXJT' s Days Inventory Range Over the Past 10 Years
Min: 3.74   Med: 19.49   Max: 515.16
Current: 19.07

During the past 11 years, JX Luxventure's highest Days Inventory was 515.16. The lowest was 3.74. And the median was 19.49.

JXJT's Days Inventory is ranked better than
95.76% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.36 vs JXJT: 19.07

JX Luxventure's Days Inventory increased from Jun. 2022 (4.31) to Jun. 2023 (29.64). It might indicate that JX Luxventure's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. JX Luxventure's Inventory Turnover for the six months ended in Jun. 2023 was 6.16.

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. JX Luxventure's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.14.


JX Luxventure Days Inventory Historical Data

The historical data trend for JX Luxventure'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.

JX Luxventure Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.71 45.78 515.16 10.36 3.74

JX Luxventure Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 30.95 7.44 4.31 5.58 29.64

Competitive Comparison

For the Apparel Manufacturing subindustry, JX Luxventure'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.


JX Luxventure Days Inventory Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, JX Luxventure's Days Inventory distribution charts can be found below:

* The bar in red indicates where JX Luxventure's Days Inventory falls into.



JX Luxventure Days Inventory Calculation

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

JX Luxventure's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1.164 + 0.445) / 2 ) / 78.411*365
=0.8045 / 78.411*365
=3.74

JX Luxventure's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0.445 + 5.498) / 2 ) / 18.294*365 / 2
=2.9715 / 18.294*365 / 2
=29.64

* 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.


JX Luxventure  (NAS:JXJT) 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.

JX Luxventure's Inventory Turnover for the six months ended in Jun. 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.

JX Luxventure's Inventory to Revenue for the six months ended in Jun. 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.


JX Luxventure Days Inventory Related Terms

Thank you for viewing the detailed overview of JX Luxventure's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


JX Luxventure (JX Luxventure) Business Description

Traded in Other Exchanges
Address
Bin Hai Da Dao No. 270, Lang Qin Wan Guo Ji Du Jia Cun Zong He Lou, Xiu Ying District, Hainan Province, Haikou, CHN, 570100
JX Luxventure Ltd is engaged in the business of menswear, cross-border merchandise, airfare, and tourism. The company operates in three segments Tourism products, Technology and Cross- board merchandise. The majority of the group revenue is generated from the Tourism products.