J&T Global Express (FRA:J92) Days Inventory : 1.14 (As of Dec. 2023)

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What is J&T Global Express Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). J&T Global Express's Average Total Inventories for the six months ended in Dec. 2023 was €26 Mil. J&T Global Express's Cost of Goods Sold for the six months ended in Dec. 2023 was €4,163 Mil. Hence, J&T Global Express's Days Inventory for the six months ended in Dec. 2023 was 1.14.

The historical rank and industry rank for J&T Global Express's Days Inventory or its related term are showing as below:

FRA:J92' s Days Inventory Range Over the Past 10 Years
Min: 1.24 Med: 1.48 Max: 3.24
Current: 1.24

During the past 4 years, J&T Global Express's highest Days Inventory was 3.24. The lowest was 1.24. And the median was 1.48.

FRA:J92's Days Inventory is ranked better than
89.77% of 782 companies
in the Transportation industry
Industry Median: 11.49 vs FRA:J92: 1.24

J&T Global Express's Days Inventory declined from Dec. 2022 (1.31) to Dec. 2023 (1.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. J&T Global Express's Inventory Turnover for the six months ended in Dec. 2023 was 159.69.

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. J&T Global Express's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.

J&T Global Express Days Inventory Historical Data

The historical data trend for J&T Global Express'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.

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J&T Global Express Days Inventory Chart

J&T Global Express Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

3.24

1.49

1.37

1.41

J&T Global Express Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	1.45	1.31	1.23	1.14

Competitive Comparison of J&T Global Express's Days Inventory

For the Integrated Freight & Logistics subindustry, J&T Global Express'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.

J&T Global Express's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, J&T Global Express's Days Inventory distribution charts can be found below:

* The bar in red indicates where J&T Global Express's Days Inventory falls into.

J&T Global Express Days Inventory Calculation

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

J&T Global Express'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
=	( (27.489	+	31.871)	/	2 )	/	7681.207	*	365
=	29.68					/	7681.207	*	365
=	1.41

J&T Global Express'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
=	( (20.265	+	31.871)	/	2 )	/	4162.771	*	365 / 2
=	26.068					/	4162.771	*	365 / 2
=	1.14

J&T Global Express (FRA:J92) 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.

J&T Global Express's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4162.771	/	26.068
	=	159.69

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.

J&T Global Express's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	26.068	/	4418.851
	=	0.01

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.

J&T Global Express Days Inventory Related Terms

Thank you for viewing the detailed overview of J&T Global Express's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

J&T Global Express (FRA:J92) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » J&T Global Express Ltd (FRA:J92) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

01519:Hong Kong

Address

1777 Hualong Road, Room 1001, Block A, Tower 5, Huaxinzhen, Qingpu, Shanghai, CHN

Website

https://www.jtexpress.com

J&T Global Express Ltd is a global logistics service provider with the leading express delivery business in Southeast Asia. Its express delivery services span 13 countries, which include the largest and fastest-growing express delivery emerging markets globally. It provides express delivery services to leading e-commerce platforms, enabling the rapid development of its partners as they expand into new markets.

J&T Global Express (FRA:J92) Headlines

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