Jack Henry & Associates (Jack Henry & Associates) Days Inventory : 0.00 (As of Dec. 2023)

View and export this data going back to 1985. Start your Free Trial

What is Jack Henry & Associates Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jack Henry & Associates's Average Total Inventories for the three months ended in Dec. 2023 was $0 Mil. Jack Henry & Associates's Cost of Goods Sold for the three months ended in Dec. 2023 was $321 Mil. Hence, Jack Henry & Associates's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Jack Henry & Associates's Days Inventory or its related term are showing as below:

JKHY's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.625
* Ranked among companies with meaningful Days Inventory only.

Jack Henry & Associates's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Jack Henry & Associates's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Jack Henry & Associates Days Inventory Historical Data

The historical data trend for Jack Henry & Associates'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.

Jack Henry & Associates Days Inventory Chart

Jack Henry & Associates Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

Get a 7-Day Free Trial

Jack Henry & Associates 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															-	-	-	-	-

Competitive Comparison of Jack Henry & Associates's Days Inventory

For the Information Technology Services subindustry, Jack Henry & Associates'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.

Jack Henry & Associates's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Jack Henry & Associates's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jack Henry & Associates's Days Inventory falls into.

Jack Henry & Associates Days Inventory Calculation

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

Jack Henry & Associates's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1219.062	*	365
=	0					/	1219.062	*	365
=	0.00

Jack Henry & Associates'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
=	( (0	+	0)	/	1 )	/	320.979	*	365 / 4
=	0					/	320.979	*	365 / 4
=	0.00

Jack Henry & Associates (NAS:JKHY) 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.

Jack Henry & Associates's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	320.979	/	0
	=

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.

Jack Henry & Associates's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	545.701
	=	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.

Jack Henry & Associates Days Inventory Related Terms

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

Jack Henry & Associates (Jack Henry & Associates) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Jack Henry & Associates Inc (NAS:JKHY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

JHY:Germany JHY:Germany J1KH34:Brazil

Address

663 Highway 60, P.O. Box 807, Monett, MO, USA, 65708

Website

https://www.jackhenry.com

Jack Henry is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing for U.S. banks and credit unions, with a focus on small and midsize banks. Jack Henry serves almost 1,000 banks and over 700 credit unions.

Executives

Stacey E. Zengel	officer: Vice President	PO BOX 807, 663 HWY 60, MONETT MO 65708
Thomas A Wimsett	director
Laura G. Kelly	director	PO BOX 807, 663 HIGHWAY 60, MONETT MO 65708
David B Foss	officer: PRESIDENT	PO BOX 807, 663 HWY 60, MONETT MO 65708
Mimi Carsley	officer: CFO and Treasurer	6333 N. STATE HWY 161, 6TH FLOOR, IRVING TX 75038
Renee Ann Swearingen	officer: Sr VP & Chief Accounting Offic	PO BOX 807, 663 HWY 60, MONETT MO 65708
Gregory R. Adelson	officer: Vice President	PO BOX 807, 663 HWY 60, MONETT MO 65708
Wilson Thomas Hampton Jr.	director	PO BOX 807, 663 HWY 60, MONETT MO 65708
Curtis A Campbell	director	6333 N. STATE HWY 161, 6TH FLOOR, IRVING TX 75038
John F Prim	officer: PRESIDENT	PO BOX 807-663 HWY 60, MONETT MO 65708
Steven W. Tomson	officer: VICE PRESIDENT	PO BOX 807, 663 HWY 60, MONETT MO 65708
Kevin D Williams	officer: CHIEF FINANCIAL OFFICER	PO BOX 807-663 HWY 60, MONETT MO 65708
Mark S Forbis	officer: IMAGE DEPARTMENT MANAGER	663 HWY 60, PO BOX 807, MONETT MO 65708
Ronald L. Moses	officer: Vice President	PO BOX 807, 663 HWY 60, MONETT MO 65708
Wesley A Brown	director	PO BOX 807, 663 HWY 60, MONETT MO 65708