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Jetpak Top Holding AB (publ) (OSTO:JETPAK) Days Inventory : 0.08 (As of Mar. 2024)


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What is Jetpak Top Holding AB (publ) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jetpak Top Holding AB (publ)'s Average Total Inventories for the three months ended in Mar. 2024 was kr0 Mil. Jetpak Top Holding AB (publ)'s Cost of Goods Sold for the three months ended in Mar. 2024 was kr59 Mil. Hence, Jetpak Top Holding AB (publ)'s Days Inventory for the three months ended in Mar. 2024 was 0.08.

The historical rank and industry rank for Jetpak Top Holding AB (publ)'s Days Inventory or its related term are showing as below:

OSTO:JETPAK' s Days Inventory Range Over the Past 10 Years
Min: 0.03   Med: 0.11   Max: 0.96
Current: 0.05

During the past 9 years, Jetpak Top Holding AB (publ)'s highest Days Inventory was 0.96. The lowest was 0.03. And the median was 0.11.

OSTO:JETPAK's Days Inventory is ranked better than
99.74% of 775 companies
in the Transportation industry
Industry Median: 11.42 vs OSTO:JETPAK: 0.05

Jetpak Top Holding AB (publ)'s Days Inventory increased from Mar. 2023 (0.03) to Mar. 2024 (0.08). It might indicate that Jetpak Top Holding AB (publ)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jetpak Top Holding AB (publ)'s Inventory Turnover for the three months ended in Mar. 2024 was 1,084.28.

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. Jetpak Top Holding AB (publ)'s Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Jetpak Top Holding AB (publ) Days Inventory Historical Data

The historical data trend for Jetpak Top Holding AB (publ)'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.

Jetpak Top Holding AB (publ) Days Inventory Chart

Jetpak Top Holding AB (publ) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 0.96 0.53 0.11 0.03 0.05

Jetpak Top Holding AB (publ) 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 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 0.03 0.01 0.03 0.26 0.08

Competitive Comparison of Jetpak Top Holding AB (publ)'s Days Inventory

For the Integrated Freight & Logistics subindustry, Jetpak Top Holding AB (publ)'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.


Jetpak Top Holding AB (publ)'s Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jetpak Top Holding AB (publ)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Jetpak Top Holding AB (publ)'s Days Inventory falls into.



Jetpak Top Holding AB (publ) Days Inventory Calculation

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

Jetpak Top Holding AB (publ)'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
=( (0.021 + 0.046) / 2 ) / 263.164*365
=0.0335 / 263.164*365
=0.05

Jetpak Top Holding AB (publ)'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
=( (0.046 + 0.063) / 2 ) / 59.093*365 / 4
=0.0545 / 59.093*365 / 4
=0.08

* 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.


Jetpak Top Holding AB (publ)  (OSTO:JETPAK) 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.

Jetpak Top Holding AB (publ)'s Inventory Turnover for the three months ended in Mar. 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.

Jetpak Top Holding AB (publ)'s Inventory to Revenue for the three months ended in Mar. 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.


Jetpak Top Holding AB (publ) Days Inventory Related Terms

Thank you for viewing the detailed overview of Jetpak Top Holding AB (publ)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Jetpak Top Holding AB (publ) (OSTO:JETPAK) Business Description

Traded in Other Exchanges
N/A
Address
Tornvägen 17 A, Stockholm, SWE, 19060
Jetpak Top Holding AB (publ) is a provider of express logistics services. The company is engaged in time-critical logistics. Its operations are divided into Express Air and Express Road segment. The Express segment consists of the air-based courier/logistics services. The Express Road segment consists of the fully ground-based courier/logistics services;. Services offered by the company include courier express, jetpack direct, jetpack nextday, courier logistics, customer specific and linehaul. It provides express logistics services mainly in the Nordic region (Sweden, Norway, Denmark and Finland) it is also present in the Baltics, Benelux, UK and Poland.

Jetpak Top Holding AB (publ) (OSTO:JETPAK) Headlines

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