Jordan Telecommunications Co (AMM:JTEL) Days Inventory : 33.40 (As of Mar. 2024)

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What is Jordan Telecommunications Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jordan Telecommunications Co's Average Total Inventories for the three months ended in Mar. 2024 was JOD11.8 Mil. Jordan Telecommunications Co's Cost of Goods Sold for the three months ended in Mar. 2024 was JOD32.2 Mil. Hence, Jordan Telecommunications Co's Days Inventory for the three months ended in Mar. 2024 was 33.40.

The historical rank and industry rank for Jordan Telecommunications Co's Days Inventory or its related term are showing as below:

AMM:JTEL' s Days Inventory Range Over the Past 10 Years
Min: 9.27 Med: 13.91 Max: 37.55
Current: 37.55

During the past 13 years, Jordan Telecommunications Co's highest Days Inventory was 37.55. The lowest was 9.27. And the median was 13.91.

AMM:JTEL's Days Inventory is ranked worse than
73.13% of 294 companies
in the Telecommunication Services industry
Industry Median: 19.135 vs AMM:JTEL: 37.55

Jordan Telecommunications Co's Days Inventory declined from Mar. 2023 (39.30) to Mar. 2024 (33.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jordan Telecommunications Co's Inventory Turnover for the three months ended in Mar. 2024 was 2.73.

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. Jordan Telecommunications Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.13.

Jordan Telecommunications Co Days Inventory Historical Data

The historical data trend for Jordan Telecommunications Co'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.

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Jordan Telecommunications Co Days Inventory Chart

Jordan Telecommunications Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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15.98

19.55

25.60

32.83

33.86

Jordan Telecommunications Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															39.30	42.14	39.32	36.91	33.40

Competitive Comparison of Jordan Telecommunications Co's Days Inventory

For the Telecom Services subindustry, Jordan Telecommunications Co'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.

Jordan Telecommunications Co's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Jordan Telecommunications Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jordan Telecommunications Co's Days Inventory falls into.

Jordan Telecommunications Co Days Inventory Calculation

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

Jordan Telecommunications Co'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
=	( (12.384	+	12.143)	/	2 )	/	132.188	*	365
=	12.2635					/	132.188	*	365
=	33.86

Jordan Telecommunications Co'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: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (12.143	+	11.41)	/	2 )	/	32.172	*	365 / 4
=	11.7765					/	32.172	*	365 / 4
=	33.40

Jordan Telecommunications Co (AMM:JTEL) 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.

Jordan Telecommunications Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	32.172	/	11.7765
	=	2.73

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.

Jordan Telecommunications Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11.7765	/	89.161
	=	0.13

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.

Jordan Telecommunications Co Days Inventory Related Terms

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Jordan Telecommunications Co (AMM:JTEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Jordan Telecommunications Co (AMM:JTEL) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Black Iris Street, Entrance 8, P.O. Box 1689, Abdali, The Boulevard, Amman, JOR, 11118

Website

https://www.orange.jo

Jordan Telecommunications Co offers telecommunication network services. It has the following operating segments. The Fixed-line segment constructs develop and maintain fixed telecommunication network services and fiber to the home services. The Mobile communications segment installs operates and manages a cellular network in Jordan. The Data services segment provides, furnishes, installs, maintains, engineers, and operates communication facilities for the provision of data network and internet access services to its customers and helping companies to be more efficient in the way they do their business on the internet. The renewable energy segment provides electricity through managing solar farms and renewable energy projects, The mobile payment segment, and the not-for-profit segment.

Jordan Telecommunications Co (AMM:JTEL) Headlines

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