Just Kitchen Holdings (Just Kitchen Holdings) Inventory Turnover : 0.00 (As of Mar. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Just Kitchen 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. Just Kitchen Holdings's Cost of Goods Sold for the three months ended in Mar. 2023 was $0.00 Mil. Just Kitchen Holdings's Average Total Inventories for the quarter that ended in Mar. 2023 was $0.33 Mil. Just Kitchen Holdings's Inventory Turnover for the quarter that ended in Mar. 2023 was 0.00.

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

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. Just Kitchen Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.16.

Just Kitchen Holdings Inventory Turnover Historical Data

The historical data trend for Just Kitchen 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.

* Premium members only.

Just Kitchen Holdings Inventory Turnover Chart

Just Kitchen Holdings Annual Data

Trend

Sep20

Sep21

Sep22

Inventory Turnover

19.09

25.75

29.14

Just Kitchen Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Inventory Turnover	Get a 7-Day Free Trial								5.25	6.60	7.96	7.63	-

Just Kitchen Holdings Inventory Turnover Calculation

Just Kitchen Holdings's Inventory Turnover for the fiscal year that ended in Sep. 2022 is calculated as

	Inventory Turnover (A: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2022 )	/ (	(Total Inventories (A: Sep. 2021 )	+	Total Inventories (A: Sep. 2022 ))	/	count )
=	16.274	/ (	(0.674	+	0.443)	/	2 )
=	16.274	/	0.5585
=	29.14

Just Kitchen Holdings's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	0	/ (	(0.4	+	0.251)	/	2 )
=	0	/	0.3255
=	0.00

Just Kitchen Holdings (OTCPK:JKHCF) 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.

Just Kitchen Holdings's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	0.3255	/	0	*	365 / 4
	=

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.

Just Kitchen Holdings's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	0.3255	/	2.035
	=	0.16

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.

Just Kitchen Holdings Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Just Kitchen Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Just Kitchen Holdings (Just Kitchen Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Just Kitchen Holdings Corp (OTCPK:JKHCF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

68Z:Germany JK:Canada

Address

800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6

Website

https://en.justkitchen.com

Just Kitchen Holdings Corp is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company combines advanced food preparation with underused real estate and leverages online mobile application-based food ordering and delivery companies reaching wider geographies, which includes under-served markets. The company's business model combines strategically located cloud kitchens or virtual kitchens in a hub-and-spoke infrastructure throughout high-density urban areas.

Just Kitchen Holdings (Just Kitchen Holdings) Headlines

No Headlines