Jimu Group (HKSE:08187) Days Inventory : 145.77 (As of Dec. 2023)

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What is Jimu Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jimu Group's Average Total Inventories for the three months ended in Dec. 2023 was HK$12.97 Mil. Jimu Group's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$8.12 Mil. Hence, Jimu Group's Days Inventory for the three months ended in Dec. 2023 was 145.77.

The historical rank and industry rank for Jimu Group's Days Inventory or its related term are showing as below:

HKSE:08187' s Days Inventory Range Over the Past 10 Years
Min: 194.92 Med: 259.7 Max: 855.07
Current: 255.34

During the past 11 years, Jimu Group's highest Days Inventory was 855.07. The lowest was 194.92. And the median was 259.70.

HKSE:08187's Days Inventory is ranked worse than
83.2% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.685 vs HKSE:08187: 255.34

Jimu Group's Days Inventory declined from Dec. 2022 (310.44) to Dec. 2023 (145.77).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jimu Group's Inventory Turnover for the three months ended in Dec. 2023 was 0.63.

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. Jimu Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.31.

Jimu Group Days Inventory Historical Data

The historical data trend for Jimu Group's Days 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.

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Jimu Group Days Inventory Chart

Jimu Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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855.07

194.92

259.70

Jimu Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															310.44	425.40	209.59	414.66	145.77

Competitive Comparison of Jimu Group's Days Inventory

For the Footwear & Accessories subindustry, Jimu Group's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Jimu Group's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Jimu Group's Days Inventory falls into.

Jimu Group Days Inventory Calculation

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

Jimu Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (17.184	+	12.973)	/	2 )	/	21.192	*	365
=	15.0785					/	21.192	*	365
=	259.70

Jimu Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	12.973)	/	1 )	/	8.121	*	365 / 4
=	12.973					/	8.121	*	365 / 4
=	145.77

Jimu Group (HKSE:08187) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Jimu Group's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.121	/	12.973
	=	0.63

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.

Jimu Group's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12.973	/	9.927
	=	1.31

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Jimu Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Jimu Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Jimu Group (HKSE:08187) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jimu Group Ltd (HKSE:08187) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 54-62 Lockhart Road, Unit 06, 12th Floor, The Broadway, Hong Kong, HKG

Website

https://www.jimugroup8187.com

Jimu Group Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the footwear business and the provision of loan facilitation services. The company operates in two segments footwear and apparel businesses which include trading of footwear and apparel, and loan facilitation and credit assessment services which include the provision of pre-loan facilitation services, post-loan facilitation services, and credit assessment services. The company generates the majority of its revenue from footwear and apparel businesses. Geographically, the group has a business presence all over the world.

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