Jabil (STU:JBL) Days Inventory : 73.81 (As of Feb. 2024)

View and export this data going back to . Start your Free Trial

What is Jabil Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jabil's Average Total Inventories for the three months ended in Feb. 2024 was €4,602 Mil. Jabil's Cost of Goods Sold for the three months ended in Feb. 2024 was €5,689 Mil. Hence, Jabil's Days Inventory for the three months ended in Feb. 2024 was 73.81.

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

STU:JBL' s Days Inventory Range Over the Past 10 Years
Min: 44.34 Med: 52.5 Max: 69.34
Current: 69.34

During the past 13 years, Jabil's highest Days Inventory was 69.34. The lowest was 44.34. And the median was 52.50.

STU:JBL's Days Inventory is ranked better than
70.75% of 2407 companies
in the Hardware industry
Industry Median: 103.77 vs STU:JBL: 69.34

Jabil's Days Inventory declined from Feb. 2023 (81.03) to Feb. 2024 (73.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jabil's Inventory Turnover for the three months ended in Feb. 2024 was 1.24.

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. Jabil's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.73.

Jabil Days Inventory Historical Data

The historical data trend for Jabil'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.

Jabil Days Inventory Chart

Jabil Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Inventory

Get a 7-Day Free Trial

49.62

45.73

51.02

58.75

67.66

Jabil Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Inventory	Get a 7-Day Free Trial															81.03	74.51	67.08	61.68	73.81

Competitive Comparison of Jabil's Days Inventory

For the Electronic Components subindustry, Jabil'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.

Jabil's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jabil's Days Inventory distribution charts can be found below:

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

Jabil Days Inventory Calculation

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

Jabil's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

	Days Inventory (A: Aug. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (6048.336	+	4773.902)	/	2 )	/	29192.695	*	365
=	5411.119					/	29192.695	*	365
=	67.66

Jabil's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

	Days Inventory (Q: Feb. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (4734.576	+	4469.067)	/	2 )	/	5688.999	*	365 / 4
=	4601.8215					/	5688.999	*	365 / 4
=	73.81

Jabil (STU:JBL) 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.

Jabil's Inventory Turnover for the three months ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5688.999	/	4601.8215
	=	1.24

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.

Jabil's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4601.8215	/	6273.009
	=	0.73

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.

Jabil Days Inventory Related Terms

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

Jabil (STU:JBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jabil Inc (STU:JBL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

JBL:USA JBL:Mexico JBL:Germany

Address

10800 Roosevelt Boulevard North, Saint Petersburg, FL, USA, 33716

Website

https://www.jabil.com

Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.