Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
56.82 (1y: -11%)
Market Cap 6.02 B P/E(ttm) 7.70
Enterprise Value 7.33 B P/B 2.30
JOY- NYSE (USA)
Joy Global, Inc.
  • Currently 3.5/5
Business Predictability Rank: 3.5-Star
Back Testing Results:
Average gain of all 3.5-Star stocks: 9.3% per year.
% of Stocks that are in still loss if held for 10yrs: 9%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$56.82
Switch to:

Joy Global, Inc. Inventory Turnover: 0.5 ( as of Jan13)

* All numbers are in millions except for per share data JOY 10-Y Financials »

Definition

Inventory Turnover is calculated as:

Inventory Turnover = Cost of goods sold / Average Inventory

Formula

Inventory Turnover = Cost of goods sold / Average Inventory

Joy Global, Inc. InventoryTurnover Calculation

* All numbers are in millions except for per share data

Joy Global, Inc. Annual Data

This information is for Premium Members Only.


Take the full advantage of Gurus' investment ideas now.

7-Day Free Trial
Oct03Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12
InventoryTurnoverPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member Only
Joy Global, Inc. Quarterly Data

This information is for Premium Members Only.


Take the full advantage of Gurus' investment ideas now.

7-Day Free Trial
Oct10Jan11Apr11Jul11Oct11Jan12Apr12Jul12Oct12Jan13
InventoryTurnoverPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member Only

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.

Beaware

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.

Financial Dictionary

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial
FEEDBACK