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Johnson Electric Holdings (Johnson Electric Holdings) Days Inventory : 72.81 (As of Mar. 2024)


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What is Johnson Electric Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Johnson Electric Holdings's Average Total Inventories for the six months ended in Mar. 2024 was $581 Mil. Johnson Electric Holdings's Cost of Goods Sold for the six months ended in Mar. 2024 was $1,456 Mil. Hence, Johnson Electric Holdings's Days Inventory for the six months ended in Mar. 2024 was 72.81.

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

JEHLY' s Days Inventory Range Over the Past 10 Years
Min: 52.09   Med: 59.86   Max: 77
Current: 71.95

During the past 13 years, Johnson Electric Holdings's highest Days Inventory was 77.00. The lowest was 52.09. And the median was 59.86.

JEHLY's Days Inventory is ranked better than
56.82% of 1253 companies
in the Vehicles & Parts industry
Industry Median: 80.85 vs JEHLY: 71.95

Johnson Electric Holdings's Days Inventory declined from Mar. 2023 (75.81) to Mar. 2024 (72.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. Johnson Electric Holdings's Inventory Turnover for the six months ended in Mar. 2024 was 2.51.

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 Electric Holdings's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.31.


Johnson Electric Holdings Days Inventory Historical Data

The historical data trend for Johnson Electric Holdings'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 Electric Holdings Days Inventory Chart

Johnson Electric Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.77 69.62 77.26 77.01 70.23

Johnson Electric Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 83.32 84.90 75.81 72.59 72.81

Competitive Comparison of Johnson Electric Holdings's Days Inventory

For the Auto Parts subindustry, Johnson Electric Holdings'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 Electric Holdings's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Johnson Electric Holdings's Days Inventory distribution charts can be found below:

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



Johnson Electric Holdings Days Inventory Calculation

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

Johnson Electric Holdings's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (588.997 + 551.48) / 2 ) / 2963.493*365
=570.2385 / 2963.493*365
=70.23

Johnson Electric Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (610.278 + 551.48) / 2 ) / 1456.016*365 / 2
=580.879 / 1456.016*365 / 2
=72.81

* 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 Electric Holdings  (OTCPK:JEHLY) 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 Electric Holdings's Inventory Turnover for the six months ended in Mar. 2024 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 Electric Holdings's Inventory to Revenue for the six months ended in Mar. 2024 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 Electric Holdings Days Inventory Related Terms

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


Johnson Electric Holdings (Johnson Electric Holdings) Business Description

Traded in Other Exchanges
Address
6th Floor, 12 Science Park East Avenue, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Johnson Electric Holdings Ltd, along with its subsidiaries, is engaged in the manufacturing and selling of electro-mechanical motion systems and solutions. The company is organized into two business units: Automotive Products Group and Industry Products Group of which Automotive Products Group contributes the vast majority of its total revenue. Its automotive products include cooling fans, electric power steering motors, headlamp actuators, transmission and driveline actuators. Its industry segment offers medical devices, circuit breakers, power tools, industrial and laboratory equipment, building automation, and optronics. The company operates in Hong Kong, Switzerland, Canada, Serbia, and Others.

Johnson Electric Holdings (Johnson Electric Holdings) Headlines

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