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JBCC Holdings (TSE:9889) Days Inventory : 18.61 (As of Dec. 2023)


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What is JBCC Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). JBCC Holdings's Average Total Inventories for the three months ended in Dec. 2023 was 円2,307 Mil. JBCC Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円11,307 Mil. Hence, JBCC Holdings's Days Inventory for the three months ended in Dec. 2023 was 18.61.

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

TSE:9889' s Days Inventory Range Over the Past 10 Years
Min: 12.11   Med: 15.55   Max: 17.12
Current: 15.2

During the past 13 years, JBCC Holdings's highest Days Inventory was 17.12. The lowest was 12.11. And the median was 15.55.

TSE:9889's Days Inventory is ranked better than
53.68% of 1563 companies
in the Software industry
Industry Median: 19.18 vs TSE:9889: 15.20

JBCC Holdings's Days Inventory increased from Dec. 2022 (13.24) to Dec. 2023 (18.61). It might indicate that JBCC Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. JBCC Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 4.90.

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. JBCC Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.14.


JBCC Holdings Days Inventory Historical Data

The historical data trend for JBCC 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.

JBCC Holdings Days Inventory Chart

JBCC Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.29 16.87 15.08 13.17 14.08

JBCC Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 13.24 13.73 12.98 13.83 18.61

Competitive Comparison of JBCC Holdings's Days Inventory

For the Information Technology Services subindustry, JBCC 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.


JBCC Holdings's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, JBCC Holdings's Days Inventory distribution charts can be found below:

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



JBCC Holdings Days Inventory Calculation

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

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

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1411 + 1685) / 2 ) / 40133*365
=1548 / 40133*365
=14.08

JBCC Holdings'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
=( (1946 + 2667) / 2 ) / 11307*365 / 4
=2306.5 / 11307*365 / 4
=18.61

* 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.


JBCC Holdings  (TSE:9889) 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.

JBCC Holdings'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.

JBCC Holdings'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.


JBCC Holdings Days Inventory Related Terms

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


JBCC Holdings (TSE:9889) Business Description

Traded in Other Exchanges
N/A
Address
Nissay Aroma Square, 5-37-1, Kamata, Ota-ku, Tokyo, JPN, 144-8721
JBCC Holdings Inc provides various information technology (IT) related services. Its services include consulting, application development, system integration, operation, maintenance, monitoring, outsourcing and among others. The company develops and markets own software solutions, printing systems, and security-related solutions, and it also provides optimally customized hardware.

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