Jungle21 (XPAR:MLJ21) Days Inventory : 2.86 (As of Dec. 2023)

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What is Jungle21 Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jungle21's Average Total Inventories for the six months ended in Dec. 2023 was €0.05 Mil. Jungle21's Cost of Goods Sold for the six months ended in Dec. 2023 was €6.63 Mil. Hence, Jungle21's Days Inventory for the six months ended in Dec. 2023 was 1.43.

The historical rank and industry rank for Jungle21's Days Inventory or its related term are showing as below:

XPAR:MLJ21' s Days Inventory Range Over the Past 10 Years
Min: 2.82 Med: 3.43 Max: 8.12
Current: 2.86

During the past 4 years, Jungle21's highest Days Inventory was 8.12. The lowest was 2.82. And the median was 3.43.

XPAR:MLJ21's Days Inventory is not ranked
in the Business Services industry.
Industry Median: 29.685 vs XPAR:MLJ21: 2.86

Jungle21's Days Inventory declined from Dec. 2021 (4.00) to Dec. 2023 (2.86).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jungle21's Inventory Turnover for the six months ended in Dec. 2023 was 127.56.

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. Jungle21's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Jungle21 Days Inventory Historical Data

The historical data trend for Jungle21'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.

Jungle21 Days Inventory Chart

Jungle21 Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

8.12

4.00

2.82

2.86

Jungle21 Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Days Inventory	8.12	4.00	2.82	2.86

Competitive Comparison of Jungle21's Days Inventory

For the Specialty Business Services subindustry, Jungle21'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.

Jungle21's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Jungle21's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jungle21's Days Inventory falls into.

Jungle21 Days Inventory Calculation

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

Jungle21'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
=	( (0.055	+	0.049)	/	2 )	/	6.633	*	365
=	0.052					/	6.633	*	365
=	2.86

Jungle21'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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.055	+	0.049)	/	2 )	/	6.633	*	365 / 2
=	0.052					/	6.633	*	365 / 2
=	1.43

Jungle21 (XPAR:MLJ21) 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.

Jungle21's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.633	/	0.052
	=	127.56

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.

Jungle21's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.052	/	24.705
	=	0.00

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.

Jungle21 Days Inventory Related Terms

Thank you for viewing the detailed overview of Jungle21's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Jungle21 (XPAR:MLJ21) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Jungle21 SA (XPAR:MLJ21) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Antonio Maura 16, 5 Derecha, Madrid, ESP, 28014

Website

https://www.jungle21.com

Jungle21 SA is an ecosystem of creative companies. It partners with brands and companies on a transformation path, accelerating their economic growth and positive impact, by solving business challenges through an integrated offer of consulting, product & and service design, advertising & content. The Group derives its revenues mainly from advertising activities.

Jungle21 (XPAR:MLJ21) Headlines

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