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J-Long Group (J-Long Group) Inventory-to-Revenue : 0.11 (As of Mar. 2023)


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What is J-Long Group Inventory-to-Revenue?

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-Long Group's Average Total Inventories for the quarter that ended in Mar. 2023 was $4.15 Mil. J-Long Group's Revenue for the six months ended in Mar. 2023 was $38.29 Mil. J-Long Group's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.11.

J-Long Group's Inventory-to-Revenue for the quarter that ended in Mar. 2023 increased from Mar. 2022 (0.06) to Mar. 2022 (0.11)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. J-Long Group's Days Inventory for the six months ended in Mar. 2023 was 26.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. J-Long Group's Inventory Turnover for the quarter that ended in Mar. 2023 was 6.81.


J-Long Group Inventory-to-Revenue Historical Data

The historical data trend for J-Long Group's Inventory-to-Revenue 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 Inventory-to-Revenue Chart

J-Long Group Annual Data
Trend Mar21 Mar22 Mar23
Inventory-to-Revenue
0.09 0.06 0.11

J-Long Group Semi-Annual Data
Mar21 Mar22 Mar23
Inventory-to-Revenue 0.09 0.06 0.11

Competitive Comparison of J-Long Group's Inventory-to-Revenue

For the Apparel Manufacturing subindustry, J-Long Group's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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 Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where J-Long Group's Inventory-to-Revenue falls into.



J-Long Group Inventory-to-Revenue Calculation

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-Long Group's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (2.508 + 5.786) / 2 ) / 38.292
=4.147 / 38.292
=0.11

J-Long Group's Inventory-to-Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (Q: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Revenue (Q: Mar. 2023 )
=( (2.508 + 5.786) / 2 ) / 38.292
=4.147 / 38.292
=0.11

* 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) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

J-Long Group's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=4.147/28.253*365 / 2
=26.79

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

J-Long Group's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=28.253 / 4.147
=6.81

* 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 Inventory-to-Revenue Related Terms

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J-Long Group (J-Long Group) Business Description

Comparable Companies
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
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.

J-Long Group (J-Long Group) Headlines