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JL (J-Long Group) Days Sales Outstanding : 21.90 (As of Sep. 2024)


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What is J-Long Group Days Sales Outstanding?

J-Long Group's average Accounts Receivable for the six months ended in Sep. 2024 was $2.28 Mil. J-Long Group's Revenue for the six months ended in Sep. 2024 was $19.02 Mil. Hence, J-Long Group's Days Sales Outstanding for the six months ended in Sep. 2024 was 21.90.

The historical rank and industry rank for J-Long Group's Days Sales Outstanding or its related term are showing as below:

JL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.98   Med: 28.74   Max: 45.83
Current: 23.98

During the past 4 years, J-Long Group's highest Days Sales Outstanding was 45.83. The lowest was 23.98. And the median was 28.74.

JL's Days Sales Outstanding is ranked better than
85.14% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.61 vs JL: 23.98

J-Long Group's Days Sales Outstanding declined from Sep. 2023 (25.10) to Sep. 2024 (21.90).

J-Long Group Days Sales Outstanding Historical Data

The historical data trend for J-Long Group's Days Sales Outstanding 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-Long Group Days Sales Outstanding Chart

J-Long Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding
45.83 28.62 24.57 28.85

J-Long Group Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Days Sales Outstanding Get a 7-Day Free Trial 24.88 24.13 25.10 28.34 21.90

Competitive Comparison of J-Long Group's Days Sales Outstanding

For the Apparel Manufacturing subindustry, J-Long Group's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

J-Long Group's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, J-Long Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where J-Long Group's Days Sales Outstanding falls into.


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J-Long Group Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

J-Long Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

Days Sales Outstanding (A: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (2.103 + 2.383) / 2 ) / 28.379*365
=2.243 / 28.379*365
=28.85

J-Long Group's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (2.383 + 2.182) / 2 ) / 19.024*365 / 2
=2.2825 / 19.024*365 / 2
=21.90

* 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.

J-Long Group  (NAS:JL) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

J-Long Group Days Sales Outstanding Related Terms

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J-Long Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » J-Long Group Ltd (NAS:JL) » Definitions » Days Sales Outstanding
Comparable Companies
NCI XELB AHRO JXG PMNT JAGL SKFG VNCE LITB JRSH OSTO:HM B MIL:MONC RL WAR:LPP TSX:GIL LEVI BOM:532827 HKSE:03998 SHSE:600398 SHSE:600177
Traded in Other Exchanges
N/A
Address
32-40 Wang Lung Street, Flat F, 8th Floor, Houston Industrial Building, Tsuen Wan New Territories, Hong Kong, HKG
Website
https://www.j-long.com
J-Long Group Ltd is an established distributor in Hong Kong of reflective and non-reflective garment trims including, among others, heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers and drawcords. It also offers a wide range of apparel solution services to cater to its customers' needs for reflective and non-reflective garment trims, ranging from market trend analysis, product design and development and production to quality control.