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Jupiter Marine International Holdings (Jupiter Marine International Holdings) Days Inventory : 57.31 (As of Oct. 2007)


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What is Jupiter Marine International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jupiter Marine International Holdings's Average Total Inventories for the three months ended in Oct. 2007 was $1.88 Mil. Jupiter Marine International Holdings's Cost of Goods Sold for the three months ended in Oct. 2007 was $2.99 Mil. Hence, Jupiter Marine International Holdings's Days Inventory for the three months ended in Oct. 2007 was 57.31.

The historical rank and industry rank for Jupiter Marine International Holdings's Days Inventory or its related term are showing as below:

JMIH's Days Inventory is not ranked *
in the Travel & Leisure industry.
Industry Median: 33.92
* Ranked among companies with meaningful Days Inventory only.

Jupiter Marine International Holdings's Days Inventory declined from Oct. 2006 (87.00) to Oct. 2007 (57.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jupiter Marine International Holdings's Inventory Turnover for the three months ended in Oct. 2007 was 1.59.

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. Jupiter Marine International Holdings's Inventory-to-Revenue for the three months ended in Oct. 2007 was 0.49.


Jupiter Marine International Holdings Days Inventory Historical Data

The historical data trend for Jupiter Marine International Holdings'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.

Jupiter Marine International Holdings Days Inventory Chart

Jupiter Marine International Holdings Annual Data
Trend Jul01 Jul03 Jul04 Jul05 Jul06 Jul07
Days Inventory
Get a 7-Day Free Trial 44.32 47.71 54.75 67.22 66.34

Jupiter Marine International Holdings Quarterly Data
Oct01 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07
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 87.00 90.32 86.95 62.83 57.31

Competitive Comparison of Jupiter Marine International Holdings's Days Inventory

For the Leisure subindustry, Jupiter Marine International Holdings'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.


Jupiter Marine International Holdings's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jupiter Marine International Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jupiter Marine International Holdings's Days Inventory falls into.



Jupiter Marine International Holdings Days Inventory Calculation

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

Jupiter Marine International Holdings's Days Inventory for the fiscal year that ended in Jul. 2007 is calculated as

Days Inventory (A: Jul. 2007 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2006 ) + Total Inventories (A: Jul. 2007 )) / count ) / Cost of Goods Sold (A: Jul. 2007 )*Days in Period
=( (2.776 + 1.775) / 2 ) / 12.519*365
=2.2755 / 12.519*365
=66.34

Jupiter Marine International Holdings's Days Inventory for the quarter that ended in Oct. 2007 is calculated as:

Days Inventory (Q: Oct. 2007 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2007 ) + Total Inventories (Q: Oct. 2007 )) / count ) / Cost of Goods Sold (Q: Oct. 2007 )*Days in Period
=( (1.775 + 1.982) / 2 ) / 2.991*365 / 4
=1.8785 / 2.991*365 / 4
=57.31

* 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.


Jupiter Marine International Holdings  (OTCPK:JMIH) 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.

Jupiter Marine International Holdings's Inventory Turnover for the three months ended in Oct. 2007 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.

Jupiter Marine International Holdings's Inventory to Revenue for the three months ended in Oct. 2007 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.


Jupiter Marine International Holdings Days Inventory Related Terms

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Jupiter Marine International Holdings (Jupiter Marine International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1103 12th Avenue East, Palmetto, FL, USA, 34221
Jupiter Marine International Holdings Inc designs, manufactures and markets sport fishing boats like 29 Forward Seating Center Console, 31 Open Center Console, 31 Cuddy Cabin and 31 Forward Seating Center Console. Geographically the business activities are carried out through Palmetto, Florida.

Jupiter Marine International Holdings (Jupiter Marine International Holdings) Headlines

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