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Jervois Global (ASX:JRV) Days Inventory : 116.55 (As of Dec. 2023)


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What is Jervois Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jervois Global's Average Total Inventories for the six months ended in Dec. 2023 was A$78.7 Mil. Jervois Global's Cost of Goods Sold for the six months ended in Dec. 2023 was A$123.2 Mil. Hence, Jervois Global's Days Inventory for the six months ended in Dec. 2023 was 116.55.

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

ASX:JRV' s Days Inventory Range Over the Past 10 Years
Min: 106.01   Med: 128.44   Max: 179.79
Current: 115.79

During the past 13 years, Jervois Global's highest Days Inventory was 179.79. The lowest was 106.01. And the median was 128.44.

ASX:JRV's Days Inventory is ranked worse than
64.9% of 661 companies
in the Metals & Mining industry
Industry Median: 88.64 vs ASX:JRV: 115.79

Jervois Global's Days Inventory declined from Dec. 2022 (127.06) to Dec. 2023 (116.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jervois Global's Inventory Turnover for the six months ended in Dec. 2023 was 1.57.

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. Jervois Global's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.65.


Jervois Global Days Inventory Historical Data

The historical data trend for Jervois Global'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.

Jervois Global Days Inventory Chart

Jervois Global Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 179.79 106.01 128.44

Jervois Global Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 154.60 127.06 105.29 116.55

Competitive Comparison of Jervois Global's Days Inventory

For the Other Industrial Metals & Mining subindustry, Jervois Global'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.


Jervois Global's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jervois Global's Days Inventory distribution charts can be found below:

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



Jervois Global Days Inventory Calculation

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

Jervois Global'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
=( (167.459 + 73.16) / 2 ) / 341.895*365
=120.3095 / 341.895*365
=128.44

Jervois Global's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (84.203 + 73.16) / 2 ) / 123.206*365 / 2
=78.6815 / 123.206*365 / 2
=116.55

* 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.


Jervois Global  (ASX:JRV) 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.

Jervois Global's Inventory Turnover for the six months ended in Dec. 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.

Jervois Global's Inventory to Revenue for the six months ended in Dec. 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.


Jervois Global Days Inventory Related Terms

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


Jervois Global (ASX:JRV) Business Description

Traded in Other Exchanges
Address
1-11 Gordon Street, Suite 2.03, Cremorne, VIC, AUS, 3121
Jervois Global Ltd is a cobalt company with nickel and copper exposure, refinery assets, and growth opportunities. The company's project includes Idaho Cobalt, Sao Miguel Paulista Refinery, Nico Young, and other non-core assets.

Jervois Global (ASX:JRV) Headlines

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