Jerash Inventory from 2010 to 2024

JRSH Stock  USD 3.36  0.03  0.90%   
Jerash Holdings' Inventory is increasing with slightly volatile movements from year to year. Inventory is predicted to flatten to about 24.9 M. For the period between 2010 and 2024, Jerash Holdings, Inventory quarterly trend regression had mean deviation of  5,209,029 and range of 19 M. View All Fundamentals
 
Inventory  
First Reported
2016-03-31
Previous Quarter
20.7 M
Current Value
20.2 M
Quarterly Volatility
7.6 M
 
Yuan Drop
 
Covid
Check Jerash Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Jerash Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 M, Interest Expense of 1.3 M or Selling General Administrative of 11.3 M, as well as many indicators such as Price To Sales Ratio of 0.31, Dividend Yield of 0.0682 or PTB Ratio of 0.56. Jerash financial statements analysis is a perfect complement when working with Jerash Holdings Valuation or Volatility modules.
  
Check out the analysis of Jerash Holdings Correlation against competitors.
For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.

Latest Jerash Holdings' Inventory Growth Pattern

Below is the plot of the Inventory of Jerash Holdings over the last few years. It is Jerash Holdings' Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Jerash Holdings' overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Jerash Inventory Regression Statistics

Arithmetic Mean20,391,735
Geometric Mean19,505,438
Coefficient Of Variation30.81
Mean Deviation5,209,029
Median20,293,392
Standard Deviation6,281,684
Sample Variance39.5T
Range19M
R-Value0.92
Mean Square Error6.3T
R-Squared0.85
Slope1,295,945
Total Sum of Squares552.4T

Jerash Inventory History

202424.9 M
202327.2 M
202232.7 M
202128.3 M
202025 M
201922.6 M
201821.1 M

Other Fundumenentals of Jerash Holdings

Jerash Holdings Inventory component correlations

About Jerash Holdings Financial Statements

Investors use fundamental indicators, such as Jerash Holdings' Inventory, to determine how well the company is positioned to perform in the future. Although Jerash Holdings' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Inventory27.2 M24.9 M
Change To Inventory5.4 M5.7 M
Inventory Turnover 3.68  2.46 
Days Of Inventory On Hand 99.15  134.90 
Average Inventory24 M17.1 M
Days Of Inventory Outstanding 99.15  134.90 

Currently Active Assets on Macroaxis

When determining whether Jerash Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jerash Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jerash Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jerash Holdings Stock:
Check out the analysis of Jerash Holdings Correlation against competitors.
For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Apparel, Accessories & Luxury Goods 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 Jerash Holdings. If investors know Jerash 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 Jerash Holdings 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
(0.74)
Earnings Share
(0.29)
Revenue Per Share
10.036
Quarterly Revenue Growth
0.178
Return On Assets
(0.02)
The market value of Jerash Holdings is measured differently than its book value, which is the value of Jerash that is recorded on the company's balance sheet. Investors also form their own opinion of Jerash Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jerash Holdings' 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 Jerash Holdings' market value can be influenced by many factors that don't directly affect Jerash Holdings' 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 Jerash Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jerash Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jerash Holdings' 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.