Days Inventory is also known as Days Sales of Inventory (DSI). Janel's Average Total Inventories for the
three
months ended in Dec. 2023 was $4.7 Mil. Janel's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $26.9 Mil.
Hence, Janel's Days Inventory for the
three
months ended in Dec. 2023 was 16.08.
The historical rank and industry rank for Janel's Days Inventory or its related term are showing as below:
JANL'
s Days Inventory Range Over the Past 10 Years
Min: 2.19 Med: 10.82 Max: 24.9
Current: 15.66
During the past 13 years, Janel's highest Days Inventory was 24.90. The lowest was 2.19. And the median was 10.82.
JANL's Days Inventory is ranked worse than 59.74% of 780
companies
in the Transportation industry
Industry Median: 11.505
vs JANL: 15.66
Janel's Days Inventory
increased
from Dec. 2022 (10.59) to Dec. 2023 (16.08).
It might indicate that Janel's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Janel's Inventory Turnover for the
three
months ended in Dec. 2023 was 5.67.
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.
Janel's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.12.
Janel Days Inventory Historical Data
The historical data trend for Janel'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.
For the Integrated Freight & Logistics subindustry, Janel'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.
Janel's Days Inventory Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Janel's Days Inventory distribution charts can be found below:
* The bar in red indicates where Janel's Days Inventory falls into.
Janel Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Janel's Days Inventory for the fiscal year that ended in Sep. 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.
Janel (OTCPK:JANL) 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.
Janel's Inventory Turnover for the
three
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.
Janel's Inventory to Revenue for the
three
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.
Janel Days Inventory Related Terms
Thank you for viewing the detailed overview of Janel's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Janel Corp is a holding company. The company's operating segments include Logistics Services, Manufacturing, and Life Sciences. The logistics Services segment is a full-service provider of cargo transportation logistics management services, including freight forwarding via air, ocean, and land-based carriers, customs brokerage services, warehousing, and distribution services. The Manufacturing segment is engaged in manufacturing and distributing industrial mixing equipment and apparatus for specific applications within various industries. The Life Sciences segment manufactures and distributes monoclonal and polyclonal antibodies, diagnostic reagents, and other immunoreagents for biomedical research. It generates maximum revenue from the Logistics Services segment.
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