J.Jill (J.Jill) Inventory Turnover : 0.89 (As of Jan. 2024)

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What is J.Jill Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. J.Jill's Cost of Goods Sold for the three months ended in Jan. 2024 was $48.8 Mil. J.Jill's Average Total Inventories for the quarter that ended in Jan. 2024 was $55.0 Mil. J.Jill's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. J.Jill's Days Inventory for the three months ended in Jan. 2024 was 102.68.

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. J.Jill's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.37.

J.Jill Inventory Turnover Historical Data

The historical data trend for J.Jill's Inventory Turnover 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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J.Jill Inventory Turnover Chart

J.Jill Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Inventory Turnover

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3.50

2.77

3.35

3.62

3.41

J.Jill Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															0.95	0.80	0.89	0.83	0.89

J.Jill Inventory Turnover Calculation

J.Jill's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Inventory Turnover (A: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2024 )	/ (	(Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )
=	177.261	/ (	(50.585	+	53.259)	/	2 )
=	177.261	/	51.922
=	3.41

J.Jill's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	48.838	/ (	(56.652	+	53.259)	/	2 )
=	48.838	/	54.9555
=	0.89

J.Jill (NYSE:JILL) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

J.Jill's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	54.9555	/	48.838	*	365 / 4
	=	102.68

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.

J.Jill's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	54.9555	/	149.447
	=	0.37

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

J.Jill Inventory Turnover Related Terms

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J.Jill (J.Jill) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » J.Jill Inc (NYSE:JILL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

1MJ1:Germany

Address

4 Batterymarch Park, Quincy, MA, USA, 02169

Website

https://www.jjill.com

J.Jill Inc is a national lifestyle brand that provides apparel, footwear and accessories. The company's products are marketed under the J.Jill brand name and sold through two channels: its e-commerce platform and catalog (Direct) and its retail stores (Retail). Revenue is derived from the sale of apparel and accessory merchandise through the company's Retail and Direct channels, which include website and catalog phone orders. Revenue also includes shipping and handling fees collected from customers.

Executives

Fund 1 Investments, Llc	10 percent owner	100 CARR 115, UNIT 1900, RINCON PR 00677
Pleasant Lake Partners Llc	10 percent owner	100 CARR 115 UNIT 1900, RINCON PR 00677
James S Scully	director	C/O J. CREW GROUP, INC., 770 BROADWAY, NEW YORK NY 10003
Michael Rahamim	director	4 BATTERYMARCH PARK, QUINCY MA 02169
Mark W. Webb	officer: Chief Financial Officer	4 BATTERYMARCH PARK, QUINCY MA 02169
Claire Spofford	officer: President & CEO	4 BATTERYMARCH PARK, QUINCY MA 02169
Jyothi Rao	director	4 BATTERYMARCH PARK, QUINCY MA 02169
Kyle Polischuk	officer: SVP CHRO	4 BATTERYMARCH PARK, QUINCY MA 02169
Shelley B Milano	director	THREE LIMITED PARKWAY, COLUMBUS OH 43230
Deanna Steele	officer: See Remarks	4 BATTERYMARCH PARK, QUINCY MA 02169
Towerbrook Investors, Ltd.	10 percent owner	65 EAST 55TH STREET, 27TH FLOOR, PARK AVENUE TOWER, NEW YORK NY 10022
Brian Beitler	officer: See Remarks	4 BATTERYMARCH PARK, QUINCY MA 02169
Linda Heasley	director	4 BATTERYMARCH PARK, QUINCY MA 02169
Marka Hansen	director	4 BATTERYMARCH PARK, QUINCY MA 02169
Michael A Eck	director	C/O J.JILL, INC., 4 BATTERYMARCH PARK, QUINCY MA 02169