Jing-Jan Retail Business Co (ROCO:2942) Days Inventory : 9.18 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Jing-Jan Retail Business Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jing-Jan Retail Business Co's Average Total Inventories for the six months ended in Dec. 2023 was NT$17 Mil. Jing-Jan Retail Business Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$341 Mil. Hence, Jing-Jan Retail Business Co's Days Inventory for the six months ended in Dec. 2023 was 9.18.

The historical rank and industry rank for Jing-Jan Retail Business Co's Days Inventory or its related term are showing as below:

ROCO:2942' s Days Inventory Range Over the Past 10 Years
Min: 9.94 Med: 14.57 Max: 51.79
Current: 9.94

During the past 10 years, Jing-Jan Retail Business Co's highest Days Inventory was 51.79. The lowest was 9.94. And the median was 14.57.

ROCO:2942's Days Inventory is ranked better than
95.33% of 1071 companies
in the Retail - Cyclical industry
Industry Median: 109.11 vs ROCO:2942: 9.94

Jing-Jan Retail Business Co's Days Inventory declined from Dec. 2022 (9.88) to Dec. 2023 (9.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jing-Jan Retail Business Co's Inventory Turnover for the six months ended in Dec. 2023 was 19.89.

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. Jing-Jan Retail Business Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.

Jing-Jan Retail Business Co Days Inventory Historical Data

The historical data trend for Jing-Jan Retail Business 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.

* Premium members only.

Jing-Jan Retail Business Co Days Inventory Chart

Jing-Jan Retail Business Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

15.40

13.73

11.54

11.27

10.52

Jing-Jan Retail Business Co Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial													11.63	10.98	9.88	10.17	9.18

Competitive Comparison of Jing-Jan Retail Business Co's Days Inventory

For the Department Stores subindustry, Jing-Jan Retail Business 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.

Jing-Jan Retail Business Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jing-Jan Retail Business Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jing-Jan Retail Business Co's Days Inventory falls into.

Jing-Jan Retail Business Co Days Inventory Calculation

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

Jing-Jan Retail Business 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
=	( (18.183	+	18.889)	/	2 )	/	642.972	*	365
=	18.536					/	642.972	*	365
=	10.52

Jing-Jan Retail Business Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (15.436	+	18.889)	/	2 )	/	341.331	*	365 / 2
=	17.1625					/	341.331	*	365 / 2
=	9.18

Jing-Jan Retail Business Co (ROCO:2942) 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.

Jing-Jan Retail Business Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	341.331	/	17.1625
	=	19.89

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.

Jing-Jan Retail Business Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17.1625	/	728.084
	=	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.

Jing-Jan Retail Business Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Jing-Jan Retail Business Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Jing-Jan Retail Business Co (ROCO:2942) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jing-Jan Retail Business Co Ltd (ROCO:2942) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1, Section 1, Chengde Road, Datong District, Taipei, TWN

Website

http://www.qsquare.com.tw

Jing-Jan Retail Business Co Ltd is engaged as department stores and related ancillary business. The company offers product types like floor tour which include fashion avenue, youth avenue, and food avenue, a food list which includes themes restaurant, food court, and light cafe, and shopping list.

Jing-Jan Retail Business Co (ROCO:2942) Headlines

No Headlines