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Japan Airlines Co (TSE:9201) Days Inventory : 18.27 (As of Mar. 2024)


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What is Japan Airlines Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Japan Airlines Co's Average Total Inventories for the three months ended in Mar. 2024 was 円43,825 Mil. Japan Airlines Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円218,869 Mil. Hence, Japan Airlines Co's Days Inventory for the three months ended in Mar. 2024 was 18.27.

The historical rank and industry rank for Japan Airlines Co's Days Inventory or its related term are showing as below:

TSE:9201' s Days Inventory Range Over the Past 10 Years
Min: 7.48   Med: 10.88   Max: 17.62
Current: 17.62

During the past 13 years, Japan Airlines Co's highest Days Inventory was 17.62. The lowest was 7.48. And the median was 10.88.

TSE:9201's Days Inventory is ranked worse than
64.44% of 779 companies
in the Transportation industry
Industry Median: 11.4 vs TSE:9201: 17.62

Japan Airlines Co's Days Inventory increased from Mar. 2023 (17.47) to Mar. 2024 (18.27). It might indicate that Japan Airlines Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Japan Airlines Co's Inventory Turnover for the three months ended in Mar. 2024 was 4.99.

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. Japan Airlines Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.11.


Japan Airlines Co Days Inventory Historical Data

The historical data trend for Japan Airlines 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.

Japan Airlines Co Days Inventory Chart

Japan Airlines Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.60 17.53 17.60 16.04 17.51

Japan Airlines 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 17.47 17.55 17.15 17.59 18.27

Competitive Comparison of Japan Airlines Co's Days Inventory

For the Airlines subindustry, Japan Airlines 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.


Japan Airlines Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Japan Airlines Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Japan Airlines Co's Days Inventory falls into.



Japan Airlines Co Days Inventory Calculation

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

Japan Airlines Co's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (36747 + 43949) / 2 ) / 840845*365
=40348 / 840845*365
=17.51

Japan Airlines 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
=( (43701 + 43949) / 2 ) / 218869*365 / 4
=43825 / 218869*365 / 4
=18.27

* 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.


Japan Airlines Co  (TSE:9201) 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.

Japan Airlines 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.

Japan Airlines 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.


Japan Airlines Co Days Inventory Related Terms

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


Japan Airlines Co (TSE:9201) Business Description

Traded in Other Exchanges
Address
Nomura Real Estate Building, 2-4-11 Higashi-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-8637
Japan Airlines is an international air transport services company. It offers scheduled and nonscheduled air transport services and aerial work services. The company operates large aircraft, medium-size aircraft, small aircraft, and regional jets. JAL's route network comprises over 100 domestic routes and over 50 international routes. The airline flies to over 50 countries and regions and connects over 300 airports.

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