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Janison Education Group (ASX:JAN) Days Inventory : 18.94 (As of Dec. 2023)


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What is Janison Education Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Janison Education Group's Average Total Inventories for the six months ended in Dec. 2023 was A$0.89 Mil. Janison Education Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$8.55 Mil. Hence, Janison Education Group's Days Inventory for the six months ended in Dec. 2023 was 18.94.

The historical rank and industry rank for Janison Education Group's Days Inventory or its related term are showing as below:

ASX:JAN' s Days Inventory Range Over the Past 10 Years
Min: 7.39   Med: 19.94   Max: 25.87
Current: 20.04

During the past 13 years, Janison Education Group's highest Days Inventory was 25.87. The lowest was 7.39. And the median was 19.94.

ASX:JAN's Days Inventory is ranked worse than
50.8% of 1563 companies
in the Software industry
Industry Median: 19.18 vs ASX:JAN: 20.04

Janison Education Group's Days Inventory declined from Dec. 2022 (19.46) to Dec. 2023 (18.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. Janison Education Group's Inventory Turnover for the six months ended in Dec. 2023 was 9.64.

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. Janison Education Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.

Janison Education Group Days Inventory Historical Data

The historical data trend for Janison Education Group'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.

Janison Education Group Days Inventory Chart

Janison Education Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.39 17.19 25.87 22.68

Janison Education Group 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 28.15 23.46 19.46 25.95 18.94

Competitive Comparison of Janison Education Group's Days Inventory

For the Software - Application subindustry, Janison Education Group'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.

Janison Education Group's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Janison Education Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Janison Education Group's Days Inventory falls into.


Janison Education Group Days Inventory Calculation

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

Janison Education Group's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.82 + 1.082) / 2 ) / 15.302*365
=0.951 / 15.302*365
=22.68

Janison Education Group'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
=( (1.082 + 0.692) / 2 ) / 8.548*365 / 2
=0.887 / 8.548*365 / 2
=18.94

* 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.

Janison Education Group  (ASX:JAN) 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.

Janison Education Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=8.548 / 0.887
=9.64

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.

Janison Education Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.887 / 22.112
=0.04

* 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.

Janison Education Group Days Inventory Related Terms

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

Janison Education Group (ASX:JAN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Janison Education Group Ltd (ASX:JAN) » Definitions » Days Inventory
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Traded in Other Exchanges
N/A
Address
126-130 Phillip Street, Level 5, Sydney, NSW, AUS, 2000
Website
https://www.janison.com
Janison Education Group Ltd operates in the education technology sector. Its primary activities include software development and the provision of Software-as-a-Service. The company operates in two segments including Assessment and Solutions. It generates maximum revenue from the Solutions segment, which operates exam enterprise-grade assessment platform technology and event management services for large organizations, national education authorities, and accreditation bodies. The Assessments segment provides exam products, exam items, and associated exam services which are sold to schools, parents, and teachers. Geographically, it derives a majority of its revenue from Australia and New Zealand and also has a presence in Asia and the Rest of the World.