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J&T Global Express (HKSE:01519) 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 HK$222 Mil. J&T Global Express's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$35,453 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:

HKSE:01519' 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.

HKSE:01519's Days Inventory is ranked better than
89.62% of 780 companies
in the Transportation industry
Industry Median: 11.4 vs HKSE:01519: 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 159.91.

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.

* Premium members only.

J&T Global Express Days Inventory Chart

J&T Global Express Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
3.24 1.53 1.42 1.39

J&T Global Express Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial - 1.54 1.31 1.21 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
=( (226.711 + 271.437) / 2 ) / 65418.422*365
=249.074 / 65418.422*365
=1.39

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
=( (171.981 + 271.437) / 2 ) / 35453.009*365 / 2
=221.709 / 35453.009*365 / 2
=1.14

* 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.

J&T Global Express  (HKSE:01519) 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
=35453.009 / 221.709
=159.91

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
=221.709 / 37633.958
=0.01

* 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.

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 (HKSE:01519) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » J&T Global Express Ltd (HKSE:01519) » Definitions » Days Inventory
Comparable Companies
HKSE:02618 HKSE:00598 HKSE:00636 HKSE:09699 HKSE:01442 HKSE:02130 HKSE:02490 HKSE:03399 HKSE:02482 HKSE:00500 UPS FDX XTER:DHL XSWX:KNIN OCSE:DSV SZSE:002352 ZTO JBHT EXPD CHRW
Traded in Other Exchanges
N/A
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 (HKSE:01519) Headlines

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