Jet Freight Logistics (NSE:JETFREIGHT) Days Inventory : 0.00 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Jet Freight Logistics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jet Freight Logistics's Average Total Inventories for the three months ended in Dec. 2023 was ₹0 Mil. Jet Freight Logistics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹54 Mil. Hence, Jet Freight Logistics's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

NSE:JETFREIGHT's Days Inventory is not ranked ^*
in the Transportation industry.
Industry Median: 11.42
* Ranked among companies with meaningful Days Inventory only.

Jet Freight Logistics's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Jet Freight Logistics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Jet Freight Logistics Days Inventory Historical Data

The historical data trend for Jet Freight Logistics'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.

Jet Freight Logistics Days Inventory Chart

Jet Freight Logistics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

Jet Freight Logistics Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Jet Freight Logistics's Days Inventory

For the Integrated Freight & Logistics subindustry, Jet Freight Logistics'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.

Jet Freight Logistics's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jet Freight Logistics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jet Freight Logistics's Days Inventory falls into.

Jet Freight Logistics Days Inventory Calculation

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

Jet Freight Logistics'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
=	( (0	+	0)	/	1 )	/	4131.17	*	365
=	0					/	4131.17	*	365
=	0.00

Jet Freight Logistics'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	54.108	*	365 / 4
=	0					/	54.108	*	365 / 4
=	0.00

Jet Freight Logistics (NSE:JETFREIGHT) 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.

Jet Freight Logistics's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	54.108	/	0
	=

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.

Jet Freight Logistics's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	945.619
	=	0.00

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.

Jet Freight Logistics Days Inventory Related Terms

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

Jet Freight Logistics (NSE:JETFREIGHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jet Freight Logistics Ltd (NSE:JETFREIGHT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

543420:India

Address

Cardinal Gracious Road, Opposite P&G Corporate Park, Pramukh Plaza, 706, C wing, 7th Floor, Opposite Holy Family Church, Chakala, Andheri East, Mumbai, MH, IND, 400099

Website

https://www.jfll.com

Jet Freight Logistics Ltd is engaged in the business of freight Forwarding for handling Perishable, General, and time-sensitive cargo and handling general and other kinds of cargo. The Company is offering a wide range of Supply Chain services such as Air Cargo Door-to-Door (Air Cargo DTD) services, Surface Parcel Delivery (SPD) Services to its customers, and Third Party Warehousing. Jet freight logistics offers a wide variety of services to its clients. Apart from Perishable, Time Sensitive, and General Cargo, the Company's service includes custom Clearance, Logistics Solutions, Shipment of Hazardous cargo, and ODC consignments. The Company operates in a single segment.

Jet Freight Logistics (NSE:JETFREIGHT) Headlines

No Headlines