JGC Holdings (JGC Holdings) Inventory Turnover : 5.45 (As of Dec. 2023)

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What is JGC Holdings Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. JGC Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,347 Mil. JGC Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $247 Mil. JGC Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. JGC Holdings's Days Inventory for the three months ended in Dec. 2023 was 16.76.

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. JGC Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.

JGC Holdings Inventory Turnover Historical Data

The historical data trend for JGC Holdings's Inventory Turnover 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.

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JGC Holdings Inventory Turnover Chart

JGC Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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17.06

12.57

11.48

10.50

14.55

JGC Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															3.17	4.45	4.61	6.03	5.45

JGC Holdings Inventory Turnover Calculation

JGC Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	4041.207	/ (	(312.277	+	243.124)	/	2 )
=	4041.207	/	277.7005
=	14.55

JGC Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1346.916	/ (	(224.073	+	270.632)	/	2 )
=	1346.916	/	247.3525
=	5.45

JGC Holdings (OTCPK:JGCCY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

JGC Holdings's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	247.3525	/	1346.916	*	365 / 4
	=	16.76

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.

JGC Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	247.3525	/	1373.843
	=	0.18

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

JGC Holdings Inventory Turnover Related Terms

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JGC Holdings (JGC Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JGC Holdings Corp (OTCPK:JGCCY) » Definitions » Inventory Turnover

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1963:Japan VJC:Germany

Address

2-3-1, Minato Mirai, Nishi-Ku, Kanagawa, Yokohama-shi, JPN, 220-6001

Website

http://www.jgc.com

JGC Holdings Corp offers planning, consulting, materials procurement, construction, operation, and maintenance for various plants and facilities. In addition, it invests in oil and gas field development projects and utility businesses. The company has two operating segments: total engineering the (majority of total revenue); and catalysts and fine products. It constructs and performs tests on machinery and plants for multiple energy and industrial markets. The company utilizes engineering technology and project management capabilities. Additional sales are generated from providing operational support after completion of projects. Asia is an important region for the company, but the company also sells to Australia, the Middle East, and North America.