Jade Art Group (Jade Art Group) Days Inventory : 0.00 (As of Sep. 2010)

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What is Jade Art Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jade Art Group's Average Total Inventories for the three months ended in Sep. 2010 was $0.00 Mil. Jade Art Group's Cost of Goods Sold for the three months ended in Sep. 2010 was $0.89 Mil. Hence, Jade Art Group's Days Inventory for the three months ended in Sep. 2010 was 0.00.

The historical rank and industry rank for Jade Art Group's Days Inventory or its related term are showing as below:

JADA's Days Inventory is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 69.33
* Ranked among companies with meaningful Days Inventory only.

Jade Art Group's Days Inventory stayed the same from Sep. 2009 (0.00) to Sep. 2010 (0.00).

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

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. Jade Art Group's Inventory-to-Revenue for the three months ended in Sep. 2010 was 0.00.

Jade Art Group Days Inventory Historical Data

The historical data trend for Jade Art 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.

Jade Art Group Days Inventory Chart

Jade Art Group Annual Data

Trend

Jul06

Jul07

Dec08

Dec09

Days Inventory

Jade Art Group Quarterly Data
	Oct06	Jan07	Apr07	Jul07	Oct07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Days Inventory	Get a 7-Day Free Trial											-	-	-	-	-

Competitive Comparison of Jade Art Group's Days Inventory

For the Shell Companies subindustry, Jade Art 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.

Jade Art Group's Days Inventory Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Jade Art Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jade Art Group's Days Inventory falls into.

Jade Art Group Days Inventory Calculation

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

Jade Art Group's Days Inventory for the fiscal year that ended in Dec. 2009 is calculated as

	Days Inventory (A: Dec. 2009 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2008 )	+	Total Inventories (A: Dec. 2009 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2009 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	4.711	*	365
=	0					/	4.711	*	365
=	0.00

Jade Art Group's Days Inventory for the quarter that ended in Sep. 2010 is calculated as:

	Days Inventory (Q: Sep. 2010 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2010 )	+	Total Inventories (Q: Sep. 2010 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2010 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.886	*	365 / 4
=	0					/	0.886	*	365 / 4
=	0.00

Jade Art Group (OTCPK:JADA) 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.

Jade Art Group's Inventory Turnover for the three months ended in Sep. 2010 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.886	/	0
	=

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.

Jade Art Group's Inventory to Revenue for the three months ended in Sep. 2010 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	2.331
	=	0.00

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.

Jade Art Group Days Inventory Related Terms

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

Jade Art Group (Jade Art Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Jade Art Group Inc (OTCPK:JADA) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

1028 Highland Lakes Trace, Birmingham, AL, USA, 35242

Website

http://jadagrp.com

Jade Art Group Inc is a development stage company.

Executives

Hui Ping Cheng

director, officer: President

C/O MY QUOTE ZONE, 6130 ELTON AVENUE, LAS VEGAS NV 89107

Jade Art Group (Jade Art Group) Headlines

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