Jowell Global (Jowell Global) Days Inventory : 33.18 (As of Jun. 2023)

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What is Jowell Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jowell Global's Average Total Inventories for the six months ended in Jun. 2023 was $15.2 Mil. Jowell Global's Cost of Goods Sold for the six months ended in Jun. 2023 was $83.8 Mil. Hence, Jowell Global's Days Inventory for the six months ended in Jun. 2023 was 33.18.

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

JWEL' s Days Inventory Range Over the Past 10 Years
Min: 16.21 Med: 22.59 Max: 45.1
Current: 27.71

During the past 5 years, Jowell Global's highest Days Inventory was 45.10. The lowest was 16.21. And the median was 22.59.

JWEL's Days Inventory is ranked better than
88.2% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.605 vs JWEL: 27.71

Jowell Global's Days Inventory increased from Jun. 2022 (23.98) to Jun. 2023 (33.18). It might indicate that Jowell Global's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jowell Global's Inventory Turnover for the six months ended in Jun. 2023 was 5.50.

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. Jowell Global's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.18.

Jowell Global Days Inventory Historical Data

The historical data trend for Jowell Global'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.

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Jowell Global Days Inventory Chart

Jowell Global Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

45.10

16.21

20.88

22.59

22.93

Jowell Global Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial					32.52	26.07	23.98	22.40	33.18

Competitive Comparison of Jowell Global's Days Inventory

For the Internet Retail subindustry, Jowell Global'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.

Jowell Global's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jowell Global's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jowell Global's Days Inventory falls into.

Jowell Global Days Inventory Calculation

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

Jowell Global'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
=	( (12.317	+	13.278)	/	2 )	/	203.738	*	365
=	12.7975					/	203.738	*	365
=	22.93

Jowell Global'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
=	( (13.278	+	17.18)	/	2 )	/	83.763	*	365 / 2
=	15.229					/	83.763	*	365 / 2
=	33.18

Jowell Global (NAS:JWEL) 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.

Jowell Global's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	83.763	/	15.229
	=	5.50

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.

Jowell Global's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15.229	/	84.406
	=	0.18

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.

Jowell Global Days Inventory Related Terms

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

Jowell Global (Jowell Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jowell Global Ltd (NAS:JWEL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 285 Jiangpu Road, 2nd Floor, Yangpu District, Shanghai, CHN, 200082

Website

https://www.1juhao.com

Jowell Global Ltd is a cosmetics, health and nutritional supplements, and household products e-commerce platform. It operates under Online Direct Sales, Authorized Retail Store Distribution, Third-party Merchants, and Live streaming marketing sales channels. The company's major merchandise categories are Cosmetic products, Health and nutritional supplements, and Household Products.