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Juhayna Food Industries (CAI:JUFO) Inventory Turnover : 1.18 (As of Mar. 2024)


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What is Juhayna Food Industries 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. Juhayna Food Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was E£3,554 Mil. Juhayna Food Industries's Average Total Inventories for the quarter that ended in Mar. 2024 was E£3,017 Mil. Juhayna Food Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Juhayna Food Industries's Days Inventory for the three months ended in Mar. 2024 was 77.48.

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. Juhayna Food Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.52.


Juhayna Food Industries Inventory Turnover Historical Data

The historical data trend for Juhayna Food Industries'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.

* Premium members only.

Juhayna Food Industries Inventory Turnover Chart

Juhayna Food Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.93 5.19 7.07 6.42 5.22

Juhayna Food Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover 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 1.17 1.06 1.27 1.23 1.18

Juhayna Food Industries Inventory Turnover Calculation

Juhayna Food Industries'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 )
=11906.412 / ((1745.789 + 2812.981) / 2 )
=11906.412 / 2279.385
=5.22

Juhayna Food Industries's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=3553.685 / ((2812.981 + 3221.877) / 2 )
=3553.685 / 3017.429
=1.18

* 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.


Juhayna Food Industries  (CAI:JUFO) 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.

Juhayna Food Industries's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=3017.429/3553.685*365 / 4
=77.48

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.

Juhayna Food Industries's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=3017.429 / 5758.302
=0.52

* 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

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.


Juhayna Food Industries Inventory Turnover Related Terms

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Juhayna Food Industries (CAI:JUFO) Business Description

Traded in Other Exchanges
N/A
Address
Polygon Sodic West, Building Number 2, Sheikh Zayed, Giza, EGY
Juhayna Food Industries is an Egypt-based company that produces, processes, and packages dairy, juice, and cooling products. Its core segments include dairy, cooling, juices, concentrates, and agriculture. Its Dairy segment produces a variety of milk products, ranging from plain and flavored milk to specialty products for manufacturers through which it derives the majority of its revenues. The Cooling segment produces cooled dairy products. The Juice segment produces healthy premium juices and juice beverages. The Concentrates segment produces concentrates used in its own juice manufacturing operation. Its agricultural activities are centered around livestock, land reclamation, and produce farming.

Juhayna Food Industries (CAI:JUFO) Headlines

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