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Jinli Group Holdings (TPE:8429) Days Inventory : 0.00 (As of Mar. 2024)


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What is Jinli Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jinli Group Holdings's Average Total Inventories for the three months ended in Mar. 2024 was NT$0.0 Mil. Jinli Group Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$10.8 Mil. Hence, Jinli Group Holdings's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

TPE:8429' s Days Inventory Range Over the Past 10 Years
Min: 7.95   Med: 14.2   Max: 31.81
Current: 8.46

During the past 13 years, Jinli Group Holdings's highest Days Inventory was 31.81. The lowest was 7.95. And the median was 14.20.

TPE:8429's Days Inventory is ranked better than
98.02% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.41 vs TPE:8429: 8.46

Jinli Group Holdings's Days Inventory declined from Mar. 2023 (17.65) to Mar. 2024 (0.00).

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

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. Jinli Group Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Jinli Group Holdings Days Inventory Historical Data

The historical data trend for Jinli Group Holdings'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.

* Premium members only.

Jinli Group Holdings Days Inventory Chart

Jinli Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.15 31.81 16.63 15.17 7.95

Jinli Group Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.65 - - - -

Competitive Comparison of Jinli Group Holdings's Days Inventory

For the Apparel Manufacturing subindustry, Jinli Group Holdings'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.


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

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

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



Jinli Group Holdings Days Inventory Calculation

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

Jinli Group Holdings'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
=( (4.393 + 0) / 1 ) / 201.582*365
=4.393 / 201.582*365
=7.95

Jinli Group Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 10.764*365 / 4
=0 / 10.764*365 / 4
=0.00

* 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.


Jinli Group Holdings  (TPE:8429) 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.

Jinli Group Holdings's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

Jinli Group Holdings's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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

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.


Jinli Group Holdings Days Inventory Related Terms

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


Jinli Group Holdings (TPE:8429) Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Qiangang Street, Room 502, 5th Floor, Shilin District, Taipei, TWN, 111
Jinli Group Holdings Ltd through its subsidiaries is engaged in the manufacture, processing, and sale of clothing and footwear. The company's operating segment includes Clothing and footwear and Cosmetics. It generates maximum revenue from the Clothing and footwear segment. Cosmetics segments includes the manufacture and sales of masks and cosmetics. Geographically, it derives a majority of revenue from China.

Jinli Group Holdings (TPE:8429) Headlines

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