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John Bean Technologies (STU:JBT) Days Inventory : 88.41 (As of Mar. 2024)


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What is John Bean Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). John Bean Technologies's Average Total Inventories for the three months ended in Mar. 2024 was €225 Mil. John Bean Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was €232 Mil. Hence, John Bean Technologies's Days Inventory for the three months ended in Mar. 2024 was 88.41.

The historical rank and industry rank for John Bean Technologies's Days Inventory or its related term are showing as below:

STU:JBT' s Days Inventory Range Over the Past 10 Years
Min: 46.01   Med: 59.64   Max: 88.68
Current: 88.68

During the past 13 years, John Bean Technologies's highest Days Inventory was 88.68. The lowest was 46.01. And the median was 59.64.

STU:JBT's Days Inventory is ranked better than
68.33% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs STU:JBT: 88.68

John Bean Technologies's Days Inventory declined from Mar. 2023 (110.44) to Mar. 2024 (88.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. John Bean Technologies's Inventory Turnover for the three months ended in Mar. 2024 was 1.03.

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. John Bean Technologies's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.62.


John Bean Technologies Days Inventory Historical Data

The historical data trend for John Bean Technologies'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.

John Bean Technologies Days Inventory Chart

John Bean Technologies 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 60.44 71.15 81.91 82.36 86.40

John Bean Technologies 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 110.44 96.19 80.88 76.37 88.41

Competitive Comparison of John Bean Technologies's Days Inventory

For the Specialty Industrial Machinery subindustry, John Bean Technologies'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.


John Bean Technologies's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, John Bean Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where John Bean Technologies's Days Inventory falls into.



John Bean Technologies Days Inventory Calculation

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

John Bean Technologies'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
=( (249.216 + 219.071) / 2 ) / 989.168*365
=234.1435 / 989.168*365
=86.40

John Bean Technologies'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
=( (219.071 + 230.184) / 2 ) / 231.84*365 / 4
=224.6275 / 231.84*365 / 4
=88.41

* 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.


John Bean Technologies  (STU:JBT) 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.

John Bean Technologies'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.

John Bean Technologies'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.


John Bean Technologies Days Inventory Related Terms

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


John Bean Technologies (STU:JBT) Business Description

Traded in Other Exchanges
Address
70 West Madison Street, Suite 4400, Chicago, IL, USA, 60602
John Bean Technologies spun out of FMC Technologies in August 2008. Over half of JBT's sales are made in the United States. Its FoodTech business provides both customized and turnkey industrial solutions for the food and beverage industry, including a large variety of protein processing and packaging solutions, as well as fruit and juice extraction and ready-to-eat solutions.

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