GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jenoptik AG (XTER:JEN) » Definitions » Days Inventory

Jenoptik AG (XTER:JEN) Days Inventory : 148.85 (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Jenoptik AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jenoptik AG's Average Total Inventories for the three months ended in Mar. 2024 was €281 Mil. Jenoptik AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €172 Mil. Hence, Jenoptik AG's Days Inventory for the three months ended in Mar. 2024 was 148.85.

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

XTER:JEN' s Days Inventory Range Over the Past 10 Years
Min: 106.66   Med: 134.98   Max: 163.2
Current: 147.4

During the past 13 years, Jenoptik AG's highest Days Inventory was 163.20. The lowest was 106.66. And the median was 134.98.

XTER:JEN's Days Inventory is ranked worse than
67.55% of 2410 companies
in the Hardware industry
Industry Median: 101.97 vs XTER:JEN: 147.40

Jenoptik AG's Days Inventory declined from Mar. 2023 (158.67) to Mar. 2024 (148.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jenoptik AG's Inventory Turnover for the three months ended in Mar. 2024 was 0.61.

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. Jenoptik AG's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.10.


Jenoptik AG Days Inventory Historical Data

The historical data trend for Jenoptik AG'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.

Jenoptik AG Days Inventory Chart

Jenoptik AG 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 106.66 161.18 144.73 130.58 136.65

Jenoptik AG 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 158.67 152.73 155.24 132.09 148.85

Competitive Comparison of Jenoptik AG's Days Inventory

For the Electronic Components subindustry, Jenoptik AG'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.


Jenoptik AG's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jenoptik AG's Days Inventory distribution charts can be found below:

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



Jenoptik AG Days Inventory Calculation

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

Jenoptik AG'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
=( (254.111 + 266.683) / 2 ) / 695.527*365
=260.397 / 695.527*365
=136.65

Jenoptik AG'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
=( (266.683 + 294.717) / 2 ) / 172.074*365 / 4
=280.7 / 172.074*365 / 4
=148.85

* 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.


Jenoptik AG  (XTER:JEN) 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.

Jenoptik AG'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.

Jenoptik AG'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.


Jenoptik AG Days Inventory Related Terms

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


Jenoptik AG (XTER:JEN) Business Description

Traded in Other Exchanges
Address
Carl-Zeiss-Strasse 1, Jena, DEU, 07743
Jenoptik AG is a Germany-based company that manufactures and distributes optical technology products to the semiconductor equipment, automotive, medical technology, defense, security, and aviation industries. Its products include optoelectronic systems, power supply, and drive systems, industrial metrology, camera and camera modules, laser technology, light-emitting diode technology, aviation systems, and traffic safety systems. The firm has manufacturing facilities in Europe, the United States, and Asia, and generates revenue all over the world.
Executives
Dr. Stefan Traeger Board of Directors
Dr. Ralf Kuschnereit Board of Directors

Jenoptik AG (XTER:JEN) Headlines

No Headlines