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JTC Logistics Transportation & Stevedoring Co KSCC (KUW:JTC) Days Inventory : 26.43 (As of Dec. 2024)


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What is JTC Logistics Transportation & Stevedoring Co KSCC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). JTC Logistics Transportation & Stevedoring Co KSCC's Average Total Inventories for the three months ended in Dec. 2024 was KWD1.46 Mil. JTC Logistics Transportation & Stevedoring Co KSCC's Cost of Goods Sold for the three months ended in Dec. 2024 was KWD5.04 Mil. Hence, JTC Logistics Transportation & Stevedoring Co KSCC's Days Inventory for the three months ended in Dec. 2024 was 26.43.

The historical rank and industry rank for JTC Logistics Transportation & Stevedoring Co KSCC's Days Inventory or its related term are showing as below:

KUW:JTC' s Days Inventory Range Over the Past 10 Years
Min: 14.28   Med: 16.99   Max: 26.63
Current: 26.63

During the past 6 years, JTC Logistics Transportation & Stevedoring Co KSCC's highest Days Inventory was 26.63. The lowest was 14.28. And the median was 16.99.

KUW:JTC's Days Inventory is ranked worse than
74.71% of 775 companies
in the Transportation industry
Industry Median: 12.07 vs KUW:JTC: 26.63

JTC Logistics Transportation & Stevedoring Co KSCC's Days Inventory increased from Dec. 2023 (25.60) to Dec. 2024 (26.43). It might indicate that JTC Logistics Transportation & Stevedoring Co KSCC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. JTC Logistics Transportation & Stevedoring Co KSCC's Inventory Turnover for the three months ended in Dec. 2024 was 3.45.

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. JTC Logistics Transportation & Stevedoring Co KSCC's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.19.


JTC Logistics Transportation & Stevedoring Co KSCC Days Inventory Historical Data

The historical data trend for JTC Logistics Transportation & Stevedoring Co KSCC'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.

JTC Logistics Transportation & Stevedoring Co KSCC Days Inventory Chart

JTC Logistics Transportation & Stevedoring Co KSCC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial 14.28 14.49 16.99 23.05 26.54

JTC Logistics Transportation & Stevedoring Co KSCC Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 25.60 27.66 26.80 25.92 26.43

Competitive Comparison of JTC Logistics Transportation & Stevedoring Co KSCC's Days Inventory

For the Trucking subindustry, JTC Logistics Transportation & Stevedoring Co KSCC'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.


JTC Logistics Transportation & Stevedoring Co KSCC's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JTC Logistics Transportation & Stevedoring Co KSCC's Days Inventory distribution charts can be found below:

* The bar in red indicates where JTC Logistics Transportation & Stevedoring Co KSCC's Days Inventory falls into.


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JTC Logistics Transportation & Stevedoring Co KSCC Days Inventory Calculation

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

JTC Logistics Transportation & Stevedoring Co KSCC's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (1.348 + 1.467) / 2 ) / 19.358*365
=1.4075 / 19.358*365
=26.54

JTC Logistics Transportation & Stevedoring Co KSCC's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (1.45 + 1.467) / 2 ) / 5.035*365 / 4
=1.4585 / 5.035*365 / 4
=26.43

* 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.


JTC Logistics Transportation & Stevedoring Co KSCC  (KUW:JTC) 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.

JTC Logistics Transportation & Stevedoring Co KSCC's Inventory Turnover for the three months ended in Dec. 2024 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.

JTC Logistics Transportation & Stevedoring Co KSCC's Inventory to Revenue for the three months ended in Dec. 2024 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.


JTC Logistics Transportation & Stevedoring Co KSCC Days Inventory Related Terms

Thank you for viewing the detailed overview of JTC Logistics Transportation & Stevedoring Co KSCC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


JTC Logistics Transportation & Stevedoring Co KSCC Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 22801, Safat, KWT, 13089
JTC Logistics Transportation & Stevedoring Co KSCC is an inland transportation company. It provides services for Ports Management, Contract Logistics, Warehousing, Equipment Leasing, and Power Rental.

JTC Logistics Transportation & Stevedoring Co KSCC Headlines

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