JMPLF (Johnson Matthey) Inventory Turnover : 4.51 (As of Sep. 2024)

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

What is Johnson Matthey 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. Johnson Matthey's Cost of Goods Sold for the six months ended in Sep. 2024 was $6,909 Mil. Johnson Matthey's Average Total Inventories for the quarter that ended in Sep. 2024 was $1,532 Mil. Johnson Matthey's Inventory Turnover for the quarter that ended in Sep. 2024 was 4.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Johnson Matthey's Days Inventory for the six months ended in Sep. 2024 was 40.47.

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. Johnson Matthey's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.21.

Johnson Matthey Inventory Turnover Historical Data

The historical data trend for Johnson Matthey'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.

Johnson Matthey Inventory Turnover Chart

Johnson Matthey Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

8.22

8.25

8.66

8.24

8.40

Johnson Matthey Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															3.82	4.22	3.82	4.34	4.51

Johnson Matthey Inventory Turnover Calculation

Johnson Matthey's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	15141.042	/ (	(2065.534	+	1538.755)	/	2 )
=	15141.042	/	1802.1445
=	8.40

Johnson Matthey'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: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	6908.73	/ (	(1538.755	+	1525.132)	/	2 )
=	6908.73	/	1531.9435
=	4.51

Johnson Matthey (OTCPK:JMPLF) 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.

Johnson Matthey's Days Inventory for the six 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
	=	1531.9435	/	6908.73	*	365 / 2
	=	40.47

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.

Johnson Matthey'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 )
	=	1531.9435	/	7449.735
	=	0.21

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.

Johnson Matthey Inventory Turnover Related Terms

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

Johnson Matthey Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Johnson Matthey PLC (OTCPK:JMPLF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

JMPLY:USA JMATl:UK JMAT:UK JMT2:Germany JMT2:Germany

Address

25 Farringdon Street, 5th Floor, London, GBR, EC4A 4AB

Website

https://www.matthey.com

Johnson Matthey PLC is engaged in the production of emissions catalysts for automobiles and trucks. The company also manufactures industrial catalysts for the chemicals and oil and gas sectors and a variety of other industrial products derived from platinum-group metals. Its segments include Clean Air, PGM Services, Catalyst Technologies, Hydrogen Technologies, and Value Businesses. The company generates maximum revenue from the PGM Services segment. Geographically, the company derives key revenue from the United Kingdom and the rest from the United States of America, Germany, China, and other countries.