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JS Global Lifestyle Co (HKSE:01691) Inventory Turnover : 4.17 (As of Dec. 2024)


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What is JS Global Lifestyle Co 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. JS Global Lifestyle Co's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$4,557 Mil. JS Global Lifestyle Co's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$1,094 Mil. JS Global Lifestyle Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 4.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. JS Global Lifestyle Co's Days Inventory for the six months ended in Dec. 2024 was 43.81.

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. JS Global Lifestyle Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.17.

JS Global Lifestyle Co Inventory Turnover Historical Data

The historical data trend for JS Global Lifestyle Co'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.

* Premium members only.

JS Global Lifestyle Co Inventory Turnover Chart

JS Global Lifestyle Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 5.05 4.76 1.31 2.47 7.89

JS Global Lifestyle Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Inventory Turnover 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 0.65 0.92 4.43 4.03 4.17

JS Global Lifestyle Co Inventory Turnover Calculation

JS Global Lifestyle Co's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=8421.679 / ((937.895 + 1197.974) / 2 )
=8421.679 / 1067.9345
=7.89

JS Global Lifestyle Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=4557.28 / ((989.933 + 1197.974) / 2 )
=4557.28 / 1093.9535
=4.17

* 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.

JS Global Lifestyle Co  (HKSE:01691) 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.

JS Global Lifestyle Co's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=1093.9535/4557.28*365 / 2
=43.81

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.

JS Global Lifestyle Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=1093.9535 / 6612.171
=0.17

* 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.

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.

JS Global Lifestyle Co Inventory Turnover Related Terms

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JS Global Lifestyle Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » JS Global Lifestyle Co Ltd (HKSE:01691) » Definitions » Inventory Turnover
Comparable Companies
HKSE:02519 HKSE:02549 HKSE:01868 HKSE:00776 HKSE:01198 HKSE:01418 HKSE:00496 HKSE:02222 HKSE:00229 HKSE:06822 SZSE:000333 SZSE:000651 SHSE:600690 TSE:9843 SGI SN SHSE:605117 MHK SHSE:600839 SZSE:002032
Traded in Other Exchanges
3JS:Germany
Address
238 Des Voeux Road Central, 21st Floor, Sheung Wan, Hong Kong, HKG
Website
https://www.jsgloballife.com
JS Global Lifestyle Co Ltd is an investment holding company. Its operating segment includes Joyoung and SharkNinja. The company generates maximum revenue from SharkNinja segment. Its SharkNinja segment is involved in the design, marketing, manufacture, export, import, and distribution of a full range of floor care products, hard-surface steam cleaning products and small kitchen appliances products. Its Joyoung segment is involved in the design, manufacture, marketing, export and distribution of small kitchen electrical appliances. The company earns majority of its revenue from SharkNinja segment.
Executives
Wang Xuning 2101 Beneficial owner
Han Run 2101 Beneficial owner
Run Holdings Limited 2103 Interests held jointly with another person
Hannah Han Family Global Limited 2103 Interests held jointly with another person
Hannah Han Family Holdings Limited 2103 Interests held jointly with another person
He Guang Limited 2103 Interests held jointly with another person
Hongjin Family Company Limited 2103 Interests held jointly with another person
Hongjin Global Company Limited 2103 Interests held jointly with another person
Hongtao Holding Company Limited 2103 Interests held jointly with another person
Huang Family Global Limited 2103 Interests held jointly with another person
J&z Family Global Limited 2103 Interests held jointly with another person
Jiang Family Global Limited 2103 Interests held jointly with another person
L&w Everlasting Holdings Limited 2103 Interests held jointly with another person
Wang Family Global Limited 2103 Interests held jointly with another person
Trident Trust Company (singapore) Pte. Limited 2301 Trustee

JS Global Lifestyle Co Headlines

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