Johnston Press (Johnston Press) Days Inventory : 6.43 (As of Jun. 2018)

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What is Johnston Press Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Johnston Press's Average Total Inventories for the six months ended in Jun. 2018 was $2.89 Mil. Johnston Press's Cost of Goods Sold for the six months ended in Jun. 2018 was $82.03 Mil. Hence, Johnston Press's Days Inventory for the six months ended in Jun. 2018 was 6.43.

The historical rank and industry rank for Johnston Press's Days Inventory or its related term are showing as below:

JHPSY' s Days Inventory Range Over the Past 10 Years
Min: 5.91 Med: 6.41 Max: 7.17
Current: 6.07

During the past 13 years, Johnston Press's highest Days Inventory was 7.17. The lowest was 5.91. And the median was 6.41.

JHPSY's Days Inventory is not ranked
in the Media - Diversified industry.
Industry Median: 26.06 vs JHPSY: 6.07

Johnston Press's Days Inventory increased from Jun. 2017 (5.48) to Jun. 2018 (6.43). It might indicate that Johnston Press's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Johnston Press's Inventory Turnover for the six months ended in Jun. 2018 was 28.39.

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. Johnston Press's Inventory-to-Revenue for the six months ended in Jun. 2018 was 0.02.

Johnston Press Days Inventory Historical Data

The historical data trend for Johnston Press'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.

Johnston Press Days Inventory Chart

Johnston Press Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Inventory

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5.95

6.26

6.57

6.51

6.18

Johnston Press Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Days Inventory	Get a 7-Day Free Trial															5.94	5.87	5.48	6.16	6.43

Competitive Comparison of Johnston Press's Days Inventory

For the Publishing subindustry, Johnston Press'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.

Johnston Press's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Johnston Press's Days Inventory distribution charts can be found below:

* The bar in red indicates where Johnston Press's Days Inventory falls into.

Johnston Press Days Inventory Calculation

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

Johnston Press's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

	Days Inventory (A: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (2.824	+	3.338)	/	2 )	/	181.939	*	365
=	3.081					/	181.939	*	365
=	6.18

Johnston Press's Days Inventory for the quarter that ended in Jun. 2018 is calculated as:

	Days Inventory (Q: Jun. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
=	( (3.338	+	2.44)	/	2 )	/	82.029	*	365 / 2
=	2.889					/	82.029	*	365 / 2
=	6.43

Johnston Press (OTCPK:JHPSY) 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.

Johnston Press's Inventory Turnover for the six months ended in Jun. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	82.029	/	2.889
	=	28.39

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.

Johnston Press's Inventory to Revenue for the six months ended in Jun. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.889	/	123.657
	=	0.02

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.

Johnston Press Days Inventory Related Terms

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

Johnston Press (Johnston Press) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Johnston Press PLC (OTCPK:JHPSY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Queensferry Road, Orchard Brae House, Edinburgh, GBR, EH4 2HS

Website

http://www.johnstonpress.co.uk

Johnston Press PLC is engaged in the multimedia business. The company is one of the largest local and regional multimedia organizations primarily providing news and information services at local and regional level through various publications and websites in the UK. Its business is organized in two segments namely Publishing and Contract Printing. It also manages smartphone applications, websites, and distributes lifestyle magazines. Its brands include Ballymena and Antrim Times, Banbridge Leader, Banbury Guardian, Belper News, Carrick Times, Mid-Sussex Times, Sunday Journal, Isle of Man Examiner and Yorkshire Post. Johnston Press generates most of its revenues through its publishing business.

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