Days Inventory is also known as Days Sales of Inventory (DSI). Jones Tech's Average Total Inventories for the
three
months ended in Mar. 2024 was ¥159 Mil. Jones Tech's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ¥208 Mil.
Hence, Jones Tech's Days Inventory for the
three
months ended in Mar. 2024 was 69.54.
The historical rank and industry rank for Jones Tech's Days Inventory or its related term are showing as below:
SZSE:300684'
s Days Inventory Range Over the Past 10 Years
Min: 44.54 Med: 59.93 Max: 105.68
Current: 57.23
During the past 13 years, Jones Tech's highest Days Inventory was 105.68. The lowest was 44.54. And the median was 59.93.
SZSE:300684's Days Inventory is ranked better than 77.32% of 2407
companies
in the Hardware industry
Industry Median: 101.86
vs SZSE:300684: 57.23
Jones Tech's Days Inventory
increased
from Mar. 2023 (62.53) to Mar. 2024 (69.54).
It might indicate that Jones Tech's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Jones Tech's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.31.
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.
Jones Tech's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.53.
Jones Tech Days Inventory Historical Data
The historical data trend for Jones Tech'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.
Competitive Comparison of Jones Tech's Days Inventory
For the Electronic Components subindustry, Jones Tech'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.
Jones Tech's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Jones Tech's Days Inventory distribution charts can be found below:
* The bar in red indicates where Jones Tech's Days Inventory falls into.
Jones Tech Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Jones Tech's Days Inventory for the fiscal year that 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.
Jones Tech (SZSE:300684) 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.
Jones Tech'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.
Jones Tech'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.
Jones Tech Days Inventory Related Terms
Thank you for viewing the detailed overview of Jones Tech's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Jones Tech PLC provides solutions to improve electronics equipment. The company's core products consist of thermal management materials, shielding material, power filters, and EMC/EMP services. Jones Tech also provides EMI testing and certification service. The company serves a diverse set of markets including telecommunications, medical electronics, information technology, industrial machinery manufacturing, rail transportation and renewable energy.
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