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JSTI Group (SZSE:300284) Days Inventory : 10.65 (As of Mar. 2024)


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What is JSTI Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). JSTI Group's Average Total Inventories for the three months ended in Mar. 2024 was ¥78 Mil. JSTI Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥665 Mil. Hence, JSTI Group's Days Inventory for the three months ended in Mar. 2024 was 10.65.

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

SZSE:300284' s Days Inventory Range Over the Past 10 Years
Min: 5.2   Med: 5.86   Max: 8.03
Current: 7.1

During the past 13 years, JSTI Group's highest Days Inventory was 8.03. The lowest was 5.20. And the median was 5.86.

SZSE:300284's Days Inventory is ranked better than
81.94% of 1395 companies
in the Construction industry
Industry Median: 48.56 vs SZSE:300284: 7.10

JSTI Group's Days Inventory increased from Mar. 2023 (8.44) to Mar. 2024 (10.65). It might indicate that JSTI Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. JSTI Group's Inventory Turnover for the three months ended in Mar. 2024 was 8.57.

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. JSTI Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.09.


JSTI Group Days Inventory Historical Data

The historical data trend for JSTI Group'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.

JSTI Group Days Inventory Chart

JSTI Group 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 5.33 5.28 7.90 7.29 7.75

JSTI Group 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 8.44 7.54 6.59 5.13 10.65

Competitive Comparison of JSTI Group's Days Inventory

For the Engineering & Construction subindustry, JSTI Group'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.


JSTI Group's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, JSTI Group's Days Inventory distribution charts can be found below:

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



JSTI Group Days Inventory Calculation

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

JSTI Group'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
=( (57.548 + 85.873) / 2 ) / 3378.291*365
=71.7105 / 3378.291*365
=7.75

JSTI Group'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
=( (85.873 + 69.269) / 2 ) / 664.84*365 / 4
=77.571 / 664.84*365 / 4
=10.65

* 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.


JSTI Group  (SZSE:300284) 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.

JSTI Group'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.

JSTI Group'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.


JSTI Group Days Inventory Related Terms

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


JSTI Group (SZSE:300284) Business Description

Traded in Other Exchanges
N/A
Address
233 Shui Xi Men Street, Nanjing, CHN, 210017
JSTI Group is a global engineering consulting firm. The company's services include planning consultation, survey and design, test and inspection, project and construction management and urban management optimization, engineering and architecture, risk management of natural disasters, design, supervision, and maintenance of hydraulic infrastructures. The company offers its services for highway, rail, maritime, aviation, water, environment, architecture, industry, and government fields, as well as smart cities.

JSTI Group (SZSE:300284) Headlines

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