Js Beauty Land Network Technology (Js Beauty Land Network Technology) Inventory Turnover : 0.00 (As of Sep. 2021)

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What is Js Beauty Land Network Technology 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 Beauty Land Network Technology's Cost of Goods Sold for the three months ended in Sep. 2021 was $0.01 Mil. Js Beauty Land Network Technology's Average Total Inventories for the quarter that ended in Sep. 2021 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Js Beauty Land Network Technology's Days Inventory for the three months ended in Sep. 2021 was 0.00.

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 Beauty Land Network Technology's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.00.

Js Beauty Land Network Technology Inventory Turnover Historical Data

The historical data trend for Js Beauty Land Network Technology'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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Js Beauty Land Network Technology Inventory Turnover Chart

Js Beauty Land Network Technology Annual Data

Trend

Dec18

Dec19

Dec20

Inventory Turnover

1.33

2.12

Js Beauty Land Network Technology Quarterly Data
	Sep18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Inventory Turnover	Get a 7-Day Free Trial							1.00	1.07	-	-	-

Js Beauty Land Network Technology Inventory Turnover Calculation

Js Beauty Land Network Technology's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Inventory Turnover (A: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2020 )	/ (	(Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )
=	0.189	/ (	(0.089	+	0)	/	1 )
=	0.189	/	0.089
=	2.12

Js Beauty Land Network Technology's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

	Inventory Turnover (Q: Sep. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2021 )	/ (	(Total Inventories (Q: Jun. 2021 )	+	Total Inventories (Q: Sep. 2021 ))	/	count )
=	0.011	/ (	(0	+	0)	/	1 )
=	0.011	/	0
=	N/A

Js Beauty Land Network Technology (OTCPK:JSBL) 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 Beauty Land Network Technology's Days Inventory for the three months ended in Sep. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2021 )	/	Cost of Goods Sold (Q: Sep. 2021 )	*	Days in Period
	=	0	/	0.011	*	365 / 4
	=	0.00

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 Beauty Land Network Technology's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2021 )	/	Revenue (Q: Sep. 2021 )
	=	0	/	0.095
	=	0.00

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 Beauty Land Network Technology Inventory Turnover Related Terms

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Js Beauty Land Network Technology (Js Beauty Land Network Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Js Beauty Land Network Technology Inc (OTCPK:JSBL) » Definitions » Inventory Turnover

Comparable Companies

WAR:PIT NSE:SMFOCE BOM:540252 ASX:ATP HKSE:01150 BOM:542034 NSE:MOKSH HKSE:00986 BOM:542694 TSE:2736

Traded in Other Exchanges

N/A

Address

No. 99, Taihu Road, Jiangsu Province, Yancheng, CHN, 224600

Website

Js Beauty Land Network Technology Inc is engaged in the jewelry business. The firm is a Chinese retailer and wholesaler of jade stone-adorned jewelry and decoration.

Js Beauty Land Network Technology (Js Beauty Land Network Technology) Headlines

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