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Jungheinrich AG (XTER:JUN3) Days Inventory : 88.55 (As of Dec. 2023)


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What is Jungheinrich AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jungheinrich AG's Average Total Inventories for the six months ended in Dec. 2023 was €975 Mil. Jungheinrich AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €2,010 Mil. Hence, Jungheinrich AG's Days Inventory for the six months ended in Dec. 2023 was 88.55.

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

XTER:JUN3' s Days Inventory Range Over the Past 10 Years
Min: 57.85   Med: 71.73   Max: 94.29
Current: 92.55

During the past 13 years, Jungheinrich AG's highest Days Inventory was 94.29. The lowest was 57.85. And the median was 71.73.

XTER:JUN3's Days Inventory is ranked better than
65.99% of 2905 companies
in the Industrial Products industry
Industry Median: 120.1 vs XTER:JUN3: 92.55

Jungheinrich AG's Days Inventory declined from Dec. 2022 (101.38) to Dec. 2023 (88.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jungheinrich AG's Inventory Turnover for the six months ended in Dec. 2023 was 2.06.

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. Jungheinrich AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.34.


Jungheinrich AG Days Inventory Historical Data

The historical data trend for Jungheinrich AG'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.

Jungheinrich AG Days Inventory Chart

Jungheinrich AG 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 72.76 74.75 78.99 94.29 88.37

Jungheinrich AG 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 81.82 105.17 101.38 101.40 88.55

Competitive Comparison of Jungheinrich AG's Days Inventory

For the Specialty Industrial Machinery subindustry, Jungheinrich AG'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.


Jungheinrich AG's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jungheinrich AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jungheinrich AG's Days Inventory falls into.



Jungheinrich AG Days Inventory Calculation

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

Jungheinrich AG'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
=( (956.734 + 894.021) / 2 ) / 3822.355*365
=925.3775 / 3822.355*365
=88.37

Jungheinrich AG'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
=( (1056.8 + 894.021) / 2 ) / 2010.355*365 / 2
=975.4105 / 2010.355*365 / 2
=88.55

* 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.


Jungheinrich AG  (XTER:JUN3) 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.

Jungheinrich AG'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.

Jungheinrich AG'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.


Jungheinrich AG Days Inventory Related Terms

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


Jungheinrich AG (XTER:JUN3) Business Description

Traded in Other Exchanges
Address
Friedrich-Ebert-Damm 129, Hamburg, DEU, 22047
Jungheinrich is Europe's second-largest forklift manufacturer with a niche carved out in the retail and wholesale segment, including a stronghold in supermarkets. The company was founded in 1953 by Friedrich Jungheinrich, and control of Jungheinrich remains in his descendants' hands through special voting shares. Globally, Jungheinrich ranks number four behind Toyota and Kion Group, but nearly 90% of its sales comes from Europe, which still accounts for more than 30% of global forklift industry production.
Executives
Wolff Lange Supervisory Board
Dr. Volker Und Birgit Hues Board of Directors
Dr. Volker Hues Board of Directors
Andreas Wolf Supervisory Board

Jungheinrich AG (XTER:JUN3) Headlines

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