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JOST Werke SE (XTER:JST) Days Inventory : 88.77 (As of Dec. 2023)


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What is JOST Werke SE Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). JOST Werke SE's Average Total Inventories for the three months ended in Dec. 2023 was €200 Mil. JOST Werke SE's Cost of Goods Sold for the three months ended in Dec. 2023 was €205 Mil. Hence, JOST Werke SE's Days Inventory for the three months ended in Dec. 2023 was 88.77.

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

XTER:JST' s Days Inventory Range Over the Past 10 Years
Min: 67.3   Med: 75.22   Max: 83.98
Current: 78.98

During the past 10 years, JOST Werke SE's highest Days Inventory was 83.98. The lowest was 67.30. And the median was 75.22.

XTER:JST's Days Inventory is ranked better than
52.03% of 1255 companies
in the Vehicles & Parts industry
Industry Median: 81.83 vs XTER:JST: 78.98

JOST Werke SE's Days Inventory declined from Dec. 2022 (89.01) to Dec. 2023 (88.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. JOST Werke SE's Inventory Turnover for the three months ended in Dec. 2023 was 1.03.

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. JOST Werke SE's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.70.


JOST Werke SE Days Inventory Historical Data

The historical data trend for JOST Werke SE'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.

JOST Werke SE Days Inventory Chart

JOST Werke SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.85 77.20 79.11 81.20 80.96

JOST Werke SE 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 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 89.01 73.72 71.32 82.55 88.77

Competitive Comparison of JOST Werke SE's Days Inventory

For the Auto Parts subindustry, JOST Werke SE'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.


JOST Werke SE's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JOST Werke SE's Days Inventory distribution charts can be found below:

* The bar in red indicates where JOST Werke SE's Days Inventory falls into.



JOST Werke SE Days Inventory Calculation

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

JOST Werke SE'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
=( (214.29 + 195.938) / 2 ) / 924.764*365
=205.114 / 924.764*365
=80.96

JOST Werke SE'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
=( (203.295 + 195.938) / 2 ) / 205.192*365 / 4
=199.6165 / 205.192*365 / 4
=88.77

* 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.


JOST Werke SE  (XTER:JST) 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.

JOST Werke SE's Inventory Turnover for the three 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.

JOST Werke SE's Inventory to Revenue for the three 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.


JOST Werke SE Days Inventory Related Terms

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


JOST Werke SE (XTER:JST) Business Description

Traded in Other Exchanges
Address
Siemensstrase 2, Neu-Isenburg, HE, DEU, 63263
JOST Werke SE is a producer and supplier of safety-critical systems to the truck and trailer industry. The company's business segments are Asia, the Pacific and Africa, Europe, and North America. Its products are used in two business lines; Transport includes products and systems for trucks and trailers that provide the interface connecting the truck to the trailer, and it even sells wheel couplings, landing gears, king pins, and ball bearing turntables, and Agriculture includes products like agricultural front loaders for tractors, various implements for front loaders, and subframes, and it even sells towing hitches, drawbars, towing eyes and ladders under the brand name Rockinger.
Executives
Prof. Dr. Bernd Gottschalk Supervisory Board
Joachim Dürr Board of Directors
Dr. Ralf Eichler Board of Directors

JOST Werke SE (XTER:JST) Headlines

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