Jubilee Enterprise PCL (BKK:JUBILE) Inventory Turnover : 0.25 (As of Sep. 2024)

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What is Jubilee Enterprise PCL 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. Jubilee Enterprise PCL's Cost of Goods Sold for the three months ended in Sep. 2024 was ฿179 Mil. Jubilee Enterprise PCL's Average Total Inventories for the quarter that ended in Sep. 2024 was ฿706 Mil. Jubilee Enterprise PCL's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jubilee Enterprise PCL's Days Inventory for the three months ended in Sep. 2024 was 360.83.

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. Jubilee Enterprise PCL's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.15.

Jubilee Enterprise PCL Inventory Turnover Historical Data

The historical data trend for Jubilee Enterprise PCL'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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Jubilee Enterprise PCL Inventory Turnover Chart

Jubilee Enterprise PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.57

1.36

1.30

1.45

1.16

Jubilee Enterprise PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.28	0.29	0.25	0.27	0.25

Jubilee Enterprise PCL Inventory Turnover Calculation

Jubilee Enterprise PCL's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	802.138	/ (	(667.332	+	710.605)	/	2 )
=	802.138	/	688.9685
=	1.16

Jubilee Enterprise PCL's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	178.504	/ (	(704.75	+	706.979)	/	2 )
=	178.504	/	705.8645
=	0.25

Jubilee Enterprise PCL (BKK:JUBILE) 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.

Jubilee Enterprise PCL's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	705.8645	/	178.504	*	365 / 4
	=	360.83

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.

Jubilee Enterprise PCL's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	705.8645	/	328.992
	=	2.15

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.

Jubilee Enterprise PCL Inventory Turnover Related Terms

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Jubilee Enterprise PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jubilee Enterprise PCL (BKK:JUBILE) » Definitions » Inventory Turnover

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JUBILE-R:Thailand

Address

South Sathorn Road, 179 Bangkok City Tower, 10th Floor, Thungmahamek Sub-district, Sathorn District, Bangkok, THA, 10120

Website

https://www.jubileediamond.co.th

Jubilee Enterprise PCL is engaged in the retail and wholesale of jewelry. It sells its products under the Jubilee Diamond brand. The company offers Women's rings, earrings, pendants, bangles, and men's rings. The collection provided by the company includes Carat, Ballerina, Working Women, Diamond Line, Lucky 88, Love Bridge, The Excellence of Beauty, The Embrace of Pure Love, Wedding, and others.

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