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Jadason Enterprises (SGX:J03) Days Inventory : 18.87 (As of Dec. 2023)


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What is Jadason Enterprises Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jadason Enterprises's Average Total Inventories for the six months ended in Dec. 2023 was S$1.22 Mil. Jadason Enterprises's Cost of Goods Sold for the six months ended in Dec. 2023 was S$11.80 Mil. Hence, Jadason Enterprises's Days Inventory for the six months ended in Dec. 2023 was 18.87.

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

SGX:J03' s Days Inventory Range Over the Past 10 Years
Min: 18.19   Med: 39.7   Max: 55.38
Current: 22.34

During the past 13 years, Jadason Enterprises's highest Days Inventory was 55.38. The lowest was 18.19. And the median was 39.70.

SGX:J03's Days Inventory is ranked better than
95.43% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs SGX:J03: 22.34

Jadason Enterprises's Days Inventory declined from Dec. 2022 (23.98) to Dec. 2023 (18.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jadason Enterprises's Inventory Turnover for the six months ended in Dec. 2023 was 9.67.

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. Jadason Enterprises's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.10.


Jadason Enterprises Days Inventory Historical Data

The historical data trend for Jadason Enterprises'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.

Jadason Enterprises Days Inventory Chart

Jadason Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.94 37.44 27.04 23.96 18.19

Jadason Enterprises Semi-Annual Data
Jun14 Dec14 Jun15 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 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 21.02 30.11 23.98 31.42 18.87

Competitive Comparison of Jadason Enterprises's Days Inventory

For the Electronic Components subindustry, Jadason Enterprises'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.


Jadason Enterprises's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jadason Enterprises's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jadason Enterprises's Days Inventory falls into.



Jadason Enterprises Days Inventory Calculation

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

Jadason Enterprises'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
=( (1.444 + 0.665) / 2 ) / 21.154*365
=1.0545 / 21.154*365
=18.19

Jadason Enterprises'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
=( (1.776 + 0.665) / 2 ) / 11.802*365 / 2
=1.2205 / 11.802*365 / 2
=18.87

* 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.


Jadason Enterprises  (SGX:J03) 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.

Jadason Enterprises's Inventory Turnover for the six months ended in Dec. 2023 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.

Jadason Enterprises's Inventory to Revenue for the six months ended in Dec. 2023 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.


Jadason Enterprises Days Inventory Related Terms

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


Jadason Enterprises (SGX:J03) Business Description

Traded in Other Exchanges
N/A
Address
No.3 Kaki Bukit Crescent, No.03-01, Singapore, SGP, 416237
Jadason Enterprises Ltd is an investment holding company engaged in the distribution of machines and materials for the printed circuit board (PCB) and semiconductor industries. It operates through two segments: Equipment and supplies, which includes the provision of equipment and supplies to the PCB industry; and Manufacturing and support services, which includes the provision of equipment after-sales support and services, PCB drilling services, and PCB mass lamination services in China. It derives revenue from Singapore, the PRC, and other countries.

Jadason Enterprises (SGX:J03) Headlines

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