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JD Logistics (HKSE:02618) Days Inventory : 0.00 (As of Dec. 2023)


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What is JD Logistics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). JD Logistics's Average Total Inventories for the three months ended in Dec. 2023 was HK$683 Mil. JD Logistics's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$0 Mil.

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

HKSE:02618' s Days Inventory Range Over the Past 10 Years
Min: 1.52   Med: 1.94   Max: 2.22
Current: 1.92

During the past 6 years, JD Logistics's highest Days Inventory was 2.22. The lowest was 1.52. And the median was 1.94.

HKSE:02618's Days Inventory is ranked better than
84.85% of 779 companies
in the Transportation industry
Industry Median: 11.4 vs HKSE:02618: 1.92

JD Logistics's Days Inventory declined from Sep. 2022 (2.07) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. JD Logistics's Inventory Turnover for the three months ended in Dec. 2023 was 0.00.

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.


JD Logistics Days Inventory Historical Data

The historical data trend for JD Logistics'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.

JD Logistics Days Inventory Chart

JD Logistics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 1.92 1.73 1.96 2.00 1.52

JD Logistics Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.07 1.51 1.45 1.30 -

Competitive Comparison of JD Logistics's Days Inventory

For the Integrated Freight & Logistics subindustry, JD Logistics'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.


JD Logistics's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JD Logistics's Days Inventory distribution charts can be found below:

* The bar in red indicates where JD Logistics's Days Inventory falls into.



JD Logistics Days Inventory Calculation

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

JD Logistics'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
=( (723.011 + 682.833) / 2 ) / 168378.023*365
=702.922 / 168378.023*365
=1.52

JD Logistics'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 682.833) / 1 ) / 0*365 / 4
=682.833 / 0*365 / 4
=N/A

* 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.


JD Logistics  (HKSE:02618) 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.

JD Logistics'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.

JD Logistics'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.


JD Logistics Days Inventory Related Terms

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


JD Logistics (HKSE:02618) Business Description

Traded in Other Exchanges
Address
No. 20 Kechuang 11 Street, 8th Floor, Building B, Yizhuang Economic and Technological Development Zone, Daxing District, Beijing, CHN, 101111
JD Logistics Inc, owned by leading China e-commerce company JD.com, is a technology-driven supply chain solutions and logistics services provider in China. It offers a full spectrum of supply chain solutions and logistics services, ranging from warehousing to distribution, spanning across manufacturing to end-customers, covering regular and specialized items. JDL services include formulating and executing supply chain strategies. Customers come from a wide array of industries, such as fast-moving consumer goods; or FMCG, apparel; home appliances; home furniture; computers, consumer electronics, and communications, or 3C; automotive; and fresh produce, among others.

JD Logistics (HKSE:02618) Headlines

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