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Jason Furniture (Hangzhou) Co (SHSE:603816) Days Inventory : 59.44 (As of Mar. 2024)


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What is Jason Furniture (Hangzhou) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jason Furniture (Hangzhou) Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,897 Mil. Jason Furniture (Hangzhou) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,911 Mil. Hence, Jason Furniture (Hangzhou) Co's Days Inventory for the three months ended in Mar. 2024 was 59.44.

The historical rank and industry rank for Jason Furniture (Hangzhou) Co's Days Inventory or its related term are showing as below:

SHSE:603816' s Days Inventory Range Over the Past 10 Years
Min: 49.93   Med: 64.19   Max: 85.51
Current: 49.93

During the past 13 years, Jason Furniture (Hangzhou) Co's highest Days Inventory was 85.51. The lowest was 49.93. And the median was 64.19.

SHSE:603816's Days Inventory is ranked better than
86.03% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.19 vs SHSE:603816: 49.93

Jason Furniture (Hangzhou) Co's Days Inventory declined from Mar. 2023 (61.24) to Mar. 2024 (59.44).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jason Furniture (Hangzhou) Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.54.

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. Jason Furniture (Hangzhou) Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.44.


Jason Furniture (Hangzhou) Co Days Inventory Historical Data

The historical data trend for Jason Furniture (Hangzhou) Co'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.

Jason Furniture (Hangzhou) Co Days Inventory Chart

Jason Furniture (Hangzhou) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.33 64.55 60.32 63.35 54.46

Jason Furniture (Hangzhou) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 61.24 45.59 45.47 51.37 59.44

Competitive Comparison of Jason Furniture (Hangzhou) Co's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Jason Furniture (Hangzhou) Co'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.


Jason Furniture (Hangzhou) Co's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jason Furniture (Hangzhou) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jason Furniture (Hangzhou) Co's Days Inventory falls into.



Jason Furniture (Hangzhou) Co Days Inventory Calculation

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

Jason Furniture (Hangzhou) Co'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
=( (1883.289 + 1967.646) / 2 ) / 12904.193*365
=1925.4675 / 12904.193*365
=54.46

Jason Furniture (Hangzhou) Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1967.646 + 1825.372) / 2 ) / 2911.333*365 / 4
=1896.509 / 2911.333*365 / 4
=59.44

* 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.


Jason Furniture (Hangzhou) Co  (SHSE:603816) 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.

Jason Furniture (Hangzhou) Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Jason Furniture (Hangzhou) Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Jason Furniture (Hangzhou) Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Jason Furniture (Hangzhou) Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Jason Furniture (Hangzhou) Co (SHSE:603816) Business Description

Traded in Other Exchanges
N/A
Address
No.599-1, Dongning Road, Gujia Building, Jianggan District, Hangzhou, CHN
Jason Furniture (Hangzhou) Co Ltd is a China-based company engaged in the home furnishing industry. The group researches, develops, produces and sales home appliances in the living room and bedroom. The product offered by the group includes leather Sofas, Recliner Chairs, Fabric Sofas, Beds, Mattresses, Dining Chairs, Barstools, and others. Geographically, it operates through china however its products are sold in both Chinese and international market.

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