J Long Inventory Turnover from 2010 to 2024

JL Stock   2.81  0.17  6.44%   
J Long Inventory Turnover yearly trend continues to be quite stable with very little volatility. Inventory Turnover may rise above 8.44 this year. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
4.85070144
Current Value
8.44
Quarterly Volatility
1.69475594
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check J Long financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among J Long's main balance sheet or income statement drivers, such as Tax Provision of 120.5 K, Depreciation And Amortization of 155.2 K or Interest Expense of 108.7 K, as well as many indicators such as Price To Sales Ratio of 9.73, Dividend Yield of 0.0055 or PTB Ratio of 27.15. J Long financial statements analysis is a perfect complement when working with J Long Valuation or Volatility modules.
  
Check out the analysis of J Long Correlation against competitors.

Latest J Long's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of J Long Group Limited over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. J Long's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in J Long's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

J Long Inventory Turnover Regression Statistics

Arithmetic Mean8.61
Geometric Mean8.42
Coefficient Of Variation19.69
Mean Deviation1.01
Median9.00
Standard Deviation1.69
Sample Variance2.87
Range7.0386
R-Value(0.36)
Mean Square Error2.70
R-Squared0.13
Significance0.19
Slope(0.13)
Total Sum of Squares40.21

J Long Inventory Turnover History

2024 8.44
2023 4.85
2022 4.92
2021 11.89

About J Long Financial Statements

J Long investors utilize fundamental indicators, such as Inventory Turnover, to predict how J Long Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 4.85  8.44 

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Check out the analysis of J Long Correlation against competitors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of J Long. If investors know J Long will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about J Long listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.58)
Earnings Share
0.3
Revenue Per Share
0.938
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0127
The market value of J Long Group is measured differently than its book value, which is the value of J Long that is recorded on the company's balance sheet. Investors also form their own opinion of J Long's value that differs from its market value or its book value, called intrinsic value, which is J Long's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because J Long's market value can be influenced by many factors that don't directly affect J Long's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between J Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if J Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, J Long's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.