DWDZF (Jeotex) Inventory Turnover: 0.10 (As of Dec. 2018)


What is Jeotex Inventory Turnover?

Jeotex DWDZF -99.00% Inventory Turnover is 0.10 as of Dec. 2018.

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. Jeotex's Cost of Goods Sold for the three months ended in Dec. 2018 was $0.13 Mil. Jeotex's Average Total Inventories for the quarter that ended in Dec. 2018 was $1.21 Mil. Jeotex's Inventory Turnover for the quarter that ended in Dec. 2018 was 0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jeotex's Days Inventory for the three months ended in Dec. 2018 was 875.57.

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. Jeotex's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 6.99.

Jeotex  (OTCPK:DWDZF) 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.

Jeotex's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2018 )/Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=1.209/0.126*365 / 4
=875.57

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.

Jeotex's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2018 ) / Revenue (Q: Dec. 2018 )
=1.209 / 0.173
=6.99

* 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.

Jeotex Inventory Turnover Related Terms

Jeotex Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Jeotex'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.

Jeotex Inventory Turnover Chart

Jeotex Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Inventory Turnover
Get a 7-Day Free Trial 18.25 5.69 4.78 2.85 1.29

Jeotex Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.36 0.27 0.21 0.33 0.10

Jeotex Inventory Turnover Calculation

Jeotex's Inventory Turnover for the fiscal year that ended in Mar. 2018 is calculated as

Inventory Turnover (A: Mar. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2018 ) / ((Total Inventories (A: Mar. 2017 ) + Total Inventories (A: Mar. 2018 )) / count )
=10.561 / ((13.691 + 2.621) / 2 )
=10.561 / 8.156
=1.29

Jeotex's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover (Q: Dec. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2018 ) / ((Total Inventories (Q: Sep. 2018 ) + Total Inventories (Q: Dec. 2018 )) / count )
=0.126 / ((1.247 + 1.171) / 2 )
=0.126 / 1.209
=0.10

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.10 mean?
Jeotex (DWDZF) has a Inventory Turnover of 0.10 as of Dec. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Jeotex and its competitors.
Is Jeotex's Inventory Turnover too high?
Jeotex's current Inventory Turnover is 0.10.
How does Jeotex's Inventory Turnover compare to CRTG and SFIV?
Jeotex's Inventory Turnover of 0.10 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Hardware company?
A good Inventory Turnover depends on the Hardware industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Jeotex and its competitors. Jeotex's current Inventory Turnover is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jeotex stock overvalued right now?
Jeotex (DWDZF) has a current Inventory Turnover of 0.10. The current Inventory Turnover is 0.10. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Jeotex (DWDZF), the current Inventory Turnover is 0.10 as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Jeotex Business Description

Address 1450 Meyerside Drive, Suite 200, Mississauga, ON, CAN, L5T 2N5
Jeotex Inc, formerly DataWind Inc is an Internet connectivity and wireless web access products, provider. The company offers a range of Ubislate Tablets and PocketSurfer Smartphones which include Ubislate 3G10Z, Ubislate i3G7, Ubislate 9W, Ubislate 7DCX+ and Ubislate 7SC as well as Pocket Surfer GZ, Pocket Surfer 2G4X, Pocket Surfer 3G4X, Pocket Surfer 3G4Z and Pocket Surfer 3G5. It has operations worldwide and generates revenue mainly by selling devices and by providing connection and data service.