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Johnson Matthey (Johnson Matthey) Days Inventory : 47.78 (As of Sep. 2023)


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What is Johnson Matthey Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Johnson Matthey's Average Total Inventories for the six months ended in Sep. 2023 was $1,972 Mil. Johnson Matthey's Cost of Goods Sold for the six months ended in Sep. 2023 was $7,530 Mil. Hence, Johnson Matthey's Days Inventory for the six months ended in Sep. 2023 was 47.78.

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

JMPLY' s Days Inventory Range Over the Past 10 Years
Min: 23.3   Med: 37.03   Max: 46.83
Current: 46.15

During the past 13 years, Johnson Matthey's highest Days Inventory was 46.83. The lowest was 23.30. And the median was 37.03.

JMPLY's Days Inventory is ranked better than
80.24% of 1493 companies
in the Chemicals industry
Industry Median: 82.8 vs JMPLY: 46.15

Johnson Matthey's Days Inventory declined from Sep. 2022 (47.79) to Sep. 2023 (47.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. Johnson Matthey's Inventory Turnover for the six months ended in Sep. 2023 was 3.82.

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. Johnson Matthey's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.24.


Johnson Matthey Days Inventory Historical Data

The historical data trend for Johnson Matthey'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.

Johnson Matthey Days Inventory Chart

Johnson Matthey Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.06 44.40 44.25 42.16 44.30

Johnson Matthey Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 43.92 47.41 47.79 43.25 47.78

Competitive Comparison of Johnson Matthey's Days Inventory

For the Specialty Chemicals subindustry, Johnson Matthey'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.


Johnson Matthey's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Johnson Matthey's Days Inventory distribution charts can be found below:

* The bar in red indicates where Johnson Matthey's Days Inventory falls into.



Johnson Matthey Days Inventory Calculation

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

Johnson Matthey's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (2040.843 + 2065.534) / 2 ) / 16916.262*365
=2053.1885 / 16916.262*365
=44.30

Johnson Matthey's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (2065.534 + 1877.475) / 2 ) / 7529.703*365 / 2
=1971.5045 / 7529.703*365 / 2
=47.78

* 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.


Johnson Matthey  (OTCPK:JMPLY) 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.

Johnson Matthey's Inventory Turnover for the six months ended in Sep. 2023 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.

Johnson Matthey's Inventory to Revenue for the six months ended in Sep. 2023 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.


Johnson Matthey Days Inventory Related Terms

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


Johnson Matthey (Johnson Matthey) Business Description

Traded in Other Exchanges
Address
25 Farringdon Street, 5th Floor, London, GBR, EC4A 4AB
Based in the U.K., Johnson Matthey is a global leader in production of emissions catalysts for automobiles and trucks. The company also manufactures industrial catalysts for the chemicals and oil and gas sectors, and a variety of other industrial products derived from platinum-group metals. The company is seeking to be a leader in hydrogen technologies.