EVKG (Ever-Glory International Group) Change In Inventory: $2.8 Mil (TTM As of Sep. 2022)

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EVKG Ever-Glory International Group Inc EVKG
16 GF Score
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What is Ever-Glory International Group Change In Inventory?

Ever-Glory International Group EVKG 16 Change In Inventory is $2.8 Mil as of Sep. 2022. GuruFocus rates EVKG with a GF Score™ of 16/100.

Ever-Glory International Group's change in inventory for the quarter that ended in Sep. 2022 was $11.9 Mil. It means Ever-Glory International Group's inventory declined by $11.9 Mil from Jun. 2022 to Sep. 2022 .

Ever-Glory International Group's change in inventory for the fiscal year that ended in Dec. 2021 was $-15.5 Mil. It means Ever-Glory International Group's inventory increased by $15.5 Mil from Dec. 2020 to Dec. 2021 .

Ever-Glory International Group's Total Inventories for the quarter that ended in Sep. 2022 was $49.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ever-Glory International Group's Days Inventory for the quarter that ended in Sep. 2022 was 58.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ever-Glory International Group's Inventory Turnover for the quarter that ended in Sep. 2022 was 1.57.

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. Ever-Glory International Group's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.54.

Ever-Glory International Group  (OTCPK:EVKG) Change In Inventory Explanation

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

Ever-Glory International Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=57.5205/90.39*365 / 4
=58.07

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

Ever-Glory International Group's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=90.39 / 57.5205
=1.57

3. 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.

Ever-Glory International Group's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=57.5205 / 106.437
=0.54

* 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.

Ever-Glory International Group Change In Inventory Related Terms

Ever-Glory International Group Change In Inventory Historical Data

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The historical data trend for Ever-Glory International Group's Change In 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.

Ever-Glory International Group Change In Inventory Chart

Ever-Glory International Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.92 -16.46 -5.15 10.16 -15.48

Ever-Glory International Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Change In Inventory 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 -2.60 -1.53 -4.68 -2.88 11.92
EVKG
16GF Score
Ever-Glory International Group Inc EVKG
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Ever-Glory International Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.8 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $2.8 Mil mean?
Ever-Glory International Group (EVKG) has a Change In Inventory of $2.8 Mil as of Sep. 2022. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Ever-Glory International Group and its competitors.
Is Ever-Glory International Group's Change In Inventory too high?
Ever-Glory International Group's current Change In Inventory is $2.8 Mil. Overall, Ever-Glory International Group has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Ever-Glory International Group's Change In Inventory compare to SSNT and PCYG?
Ever-Glory International Group's Change In Inventory of $2.8 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Manufacturing - Apparel & Accessories company?
A good Change In Inventory depends on the Manufacturing - Apparel & Accessories industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Ever-Glory International Group and its competitors. Ever-Glory International Group's current Change In Inventory is $2.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ever-Glory International Group stock overvalued right now?
Ever-Glory International Group (EVKG) has a current Change In Inventory of $2.8 Mil. The current Change In Inventory is $2.8 Mil. Ever-Glory International Group's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Ever-Glory International Group (EVKG), the current Change In Inventory is $2.8 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ever-Glory International Group Business Description

Address Ever-Glory Commercial Center, 509 Chengxin Road, Jiangning Development Zone, Jiangsu Province, Nanjing, CHN, 211102
Ever-Glory International Group Inc retails branded fashion apparel and operates as an apparel supply chain solution provider. The company offers apparel to a woman under its various brands such as La go go, Velwin, Sea To Sky, and Idole with over 936 retail locations in China. The firm also offers apparel supply chain solutions aiming at middle-to-high end casual wear, outerwear, and sportswear brands. It manufactures apparel products in the People's Republic of China (PRC). It derives majority of its revenues from its business in Mainland China and has operations spread across HK China, UK, Europe, United States and Japan.
16GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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