Jumia Technologies AG (Jumia Technologies AG) Days Inventory

: 37.88 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Jumia Technologies AG's Average Total Inventories for the three months ended in Dec. 2023 was $8.0 Mil. Jumia Technologies AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $19.3 Mil. Hence, Jumia Technologies AG's Days Inventory for the three months ended in Dec. 2023 was 37.88.

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

JMIA' s Days Inventory Range Over the Past 10 Years
Min: 41.55 Med: 48.64 Max: 68.83
Current: 45.72

During the past 7 years, Jumia Technologies AG's highest Days Inventory was 68.83. The lowest was 41.55. And the median was 48.64.

JMIA's Days Inventory is ranked better than
80.9% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.545 vs JMIA: 45.72

Jumia Technologies AG's Days Inventory declined from Dec. 2022 (55.99) to Dec. 2023 (37.88).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jumia Technologies AG's Inventory Turnover for the three months ended in Dec. 2023 was 2.41.

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. Jumia Technologies AG's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.17.

Jumia Technologies AG Days Inventory Historical Data

The historical data trend for Jumia Technologies AG'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.

Jumia Technologies AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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42.44

68.83

52.88

47.99

48.64

Jumia Technologies AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															55.99	59.17	44.99	39.28	37.88

Competitive Comparison

For the Internet Retail subindustry, Jumia Technologies AG'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.

Jumia Technologies AG Days Inventory Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Jumia Technologies AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jumia Technologies AG's Days Inventory falls into.

Jumia Technologies AG Days Inventory Calculation

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

Jumia Technologies AG'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
=	( (11.437	+	9.699)	/	2 )	/	79.298	*	365
=	10.568					/	79.298	*	365
=	48.64

Jumia Technologies AG'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
=	( (6.327	+	9.699)	/	2 )	/	19.301	*	365 / 4
=	8.013					/	19.301	*	365 / 4
=	37.88

Jumia Technologies AG (NYSE:JMIA) 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.

Jumia Technologies AG's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19.301	/	8.013
	=	2.41

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.

Jumia Technologies AG's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.013	/	46.724
	=	0.17

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.

Jumia Technologies AG Days Inventory Related Terms

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Jumia Technologies AG (Jumia Technologies AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jumia Technologies AG (NYSE:JMIA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

JMIA:Mexico 4JMA:Germany 4JMA:Germany 4JMA:Germany JMIA:Austria

Address

Skalitzer Strasse 104, Berlin, BB, DEU, 10997

Website

https://www.group.jumia.com

Jumia Technologies AG is the pan-African e-commerce platform. The company's platform consists of a marketplace, which connects sellers with consumers. Its logistics service enables the shipment and delivery of packages from sellers to consumers, and the company's payment service facilitates transactions among participants active on its platform in selected markets. Jumia generates revenue from Sales of goods, Commissions, Fulfillment, Value-added services, and Marketing & Advertising. Its geographical segments are West Africa, North Africa, East & South Africa, Europe, and United Arab Emirates. The firm generates majority of its revenue from the West Africa segment.