Jonix SpA (FRA:9XA) Days Inventory : 1,159.13 (As of Jun. 2023)

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What is Jonix SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jonix SpA's Average Total Inventories for the six months ended in Jun. 2023 was €2.52 Mil. Jonix SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.40 Mil. Hence, Jonix SpA's Days Inventory for the six months ended in Jun. 2023 was 1,159.13.

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

FRA:9XA's Days Inventory is not ranked ^*
in the Industrial Products industry.
Industry Median: 121.965
* Ranked among companies with meaningful Days Inventory only.

Jonix SpA's Days Inventory declined from Jun. 2022 (1,759.71) to Jun. 2023 (1,159.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jonix SpA's Inventory Turnover for the six months ended in Jun. 2023 was 0.16.

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. Jonix SpA's Inventory-to-Revenue for the six months ended in Jun. 2023 was 4.58.

Jonix SpA Days Inventory Historical Data

The historical data trend for Jonix SpA'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.

Jonix SpA Days Inventory Chart

Jonix SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

421.44

372.71

109.45

210.19

378.16

Jonix SpA Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial				217.16	176.43	1,759.71	274.68	1,159.13

Competitive Comparison of Jonix SpA's Days Inventory

For the Pollution & Treatment Controls subindustry, Jonix SpA'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.

Jonix SpA's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jonix SpA's Days Inventory distribution charts can be found below:

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

Jonix SpA Days Inventory Calculation

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

Jonix SpA's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2.812	+	2.592)	/	2 )	/	2.608	*	365
=	2.702					/	2.608	*	365
=	378.16

Jonix SpA's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (2.592	+	2.451)	/	2 )	/	0.397	*	365 / 2
=	2.5215					/	0.397	*	365 / 2
=	1,159.13

Jonix SpA (FRA:9XA) 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.

Jonix SpA's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.397	/	2.5215
	=	0.16

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.

Jonix SpA's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.5215	/	0.551
	=	4.58

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.

Jonix SpA Days Inventory Related Terms

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Jonix SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jonix SpA (FRA:9XA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Dell'Artigianato 1, San Pietro Viminario, ITA, 35020

Website

https://www.jonixair.com

Jonix SpA is engaged in the research, design and development of innovative devices and systems for the sanitisation and decontamination of indoor environments with the Non-Thermal Plasma technology.

Jonix SpA Headlines

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