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JINS Holdings (TSE:3046) Days Inventory : 108.46 (As of Feb. 2024)


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What is JINS Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). JINS Holdings's Average Total Inventories for the three months ended in Feb. 2024 was 円5,439 Mil. JINS Holdings's Cost of Goods Sold for the three months ended in Feb. 2024 was 円4,576 Mil. Hence, JINS Holdings's Days Inventory for the three months ended in Feb. 2024 was 108.46.

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

TSE:3046' s Days Inventory Range Over the Past 10 Years
Min: 111.99   Med: 129.29   Max: 134.99
Current: 118.81

During the past 13 years, JINS Holdings's highest Days Inventory was 134.99. The lowest was 111.99. And the median was 129.29.

TSE:3046's Days Inventory is ranked better than
76.61% of 778 companies
in the Medical Devices & Instruments industry
Industry Median: 191.615 vs TSE:3046: 118.81

JINS Holdings's Days Inventory declined from Feb. 2023 (158.63) to Feb. 2024 (108.46).

Inventory Turnover measures how fast the company turns over its inventory within a year. JINS Holdings's Inventory Turnover for the three months ended in Feb. 2024 was 0.84.

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. JINS Holdings's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.27.


JINS Holdings Days Inventory Historical Data

The historical data trend for JINS Holdings'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.

JINS Holdings Days Inventory Chart

JINS Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.02 134.99 127.99 132.53 111.99

JINS Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 158.63 148.38 97.06 117.94 108.46

Competitive Comparison of JINS Holdings's Days Inventory

For the Medical Instruments & Supplies subindustry, JINS Holdings'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.


JINS Holdings's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, JINS Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where JINS Holdings's Days Inventory falls into.



JINS Holdings Days Inventory Calculation

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

JINS Holdings's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (5852 + 4581) / 2 ) / 17001*365
=5216.5 / 17001*365
=111.99

JINS Holdings's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (5291 + 5587) / 2 ) / 4576*365 / 4
=5439 / 4576*365 / 4
=108.46

* 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.


JINS Holdings  (TSE:3046) 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.

JINS Holdings's Inventory Turnover for the three months ended in Feb. 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.

JINS Holdings's Inventory to Revenue for the three months ended in Feb. 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.


JINS Holdings Days Inventory Related Terms

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


JINS Holdings (TSE:3046) Business Description

Traded in Other Exchanges
Address
2-10-2 Fujimi, Iidabashi Grand Broom, 30th Floor, Chiyoda-ku, Tokyo, JPN, 102-0071
JINS Holdings Inc is an eye wear retailer that manufactures and sells private-label fashion eyeglasses and sunglasses. It offers prescription eyeglasses and nonprescription fashion or functional eyeglasses. Its inventory is on the shelves, and it charges flat rates with generally no additional charges or options for lens features. Jin has more than 300 stores in Japan as well as locations in China, Taiwan, and the United States. Stores are typically located in high-traffic areas such as shopping centers, malls, and train stations.

JINS Holdings (TSE:3046) Headlines

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