Jardine Strategic Holdings (Jardine Strategic Holdings) Inventory Turnover : 4.14 (As of Dec. 2020)

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What is Jardine Strategic 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. Jardine Strategic Holdings's Cost of Goods Sold for the six months ended in Dec. 2020 was $9,479 Mil. Jardine Strategic Holdings's Average Total Inventories for the quarter that ended in Dec. 2020 was $2,292 Mil. Jardine Strategic Holdings's Inventory Turnover for the quarter that ended in Dec. 2020 was 4.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jardine Strategic Holdings's Days Inventory for the six months ended in Dec. 2020 was 44.12.

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. Jardine Strategic Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.18.

Jardine Strategic Holdings Inventory Turnover Historical Data

The historical data trend for Jardine Strategic 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.

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Jardine Strategic Holdings Inventory Turnover Chart

Jardine Strategic Holdings Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Inventory Turnover

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8.69

8.94

8.88

8.25

7.61

Jardine Strategic Holdings Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Inventory Turnover	Get a 7-Day Free Trial															4.51	4.04	4.26	3.49	4.14

Jardine Strategic Holdings Inventory Turnover Calculation

Jardine Strategic Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Inventory Turnover (A: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2020 )	/ (	(Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )
=	18719	/ (	(2811	+	2106)	/	2 )
=	18719	/	2458.5
=	7.61

Jardine Strategic Holdings's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

	Inventory Turnover (Q: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2020 )	/ (	(Total Inventories (Q: Jun. 2020 )	+	Total Inventories (Q: Dec. 2020 ))	/	count )
=	9479	/ (	(2477	+	2106)	/	2 )
=	9479	/	2291.5
=	4.14

Jardine Strategic Holdings (OTCPK:JSHLY) 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.

Jardine Strategic Holdings's Days Inventory for the six months ended in Dec. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2020 )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
	=	2291.5	/	9479	*	365 / 2
	=	44.12

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.

Jardine Strategic Holdings's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2020 )	/	Revenue (Q: Dec. 2020 )
	=	2291.5	/	13030
	=	0.18

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.

Jardine Strategic Holdings Inventory Turnover Related Terms

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Jardine Strategic Holdings (Jardine Strategic Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jardine Strategic Holdings Ltd (OTCPK:JSHLY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

33-35 Reid Street, Jardine House, 4th Floor, Hamilton, BMU, HM 12

Website

http://www.jardines.com

Jardine Strategic Holdings Ltd is a conglomerate of businesses operating in Greater China and Southeast Asia. The affiliates offer products and services in motor vehicles and related operations, property investment and development, food retailing, home furnishing, engineering and construction, transport services, insurance broking, restaurants, luxury hotels, financial services, heavy equipment, mining and agribusiness. The large businesses by net income within the group are Hong Kong Land and Dairy Farm, which are a property investment firm and a food retailer, respectively.

Jardine Strategic Holdings (Jardine Strategic Holdings) Headlines

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