Jadestone Energy (LSE:JSE) Inventory Turnover : 4.37 (As of Dec. 2023)

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What is Jadestone Energy 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. Jadestone Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was £153.0 Mil. Jadestone Energy's Average Total Inventories for the quarter that ended in Dec. 2023 was £35.0 Mil. Jadestone Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jadestone Energy's Days Inventory for the six months ended in Dec. 2023 was 41.77.

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. Jadestone Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

Jadestone Energy Inventory Turnover Historical Data

The historical data trend for Jadestone Energy'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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Jadestone Energy Inventory Turnover Chart

Jadestone Energy Annual Data

Trend

Aug13

Aug14

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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8.81

4.90

8.57

15.18

10.70

Jadestone Energy Semi-Annual Data
	Feb14	Aug14	Feb15	Sep15	Mar16	Sep16	Mar17	Sep17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															6.75	3.35	4.96	3.21	4.37

Jadestone Energy Inventory Turnover Calculation

Jadestone Energy'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 )
=	244.041	/ (	(16.216	+	29.382)	/	2 )
=	244.041	/	22.799
=	10.70

Jadestone Energy's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	153.015	/ (	(40.658	+	29.382)	/	2 )
=	153.015	/	35.02
=	4.37

Jadestone Energy (LSE:JSE) 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.

Jadestone Energy's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	35.02	/	153.015	*	365 / 2
	=	41.77

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.

Jadestone Energy's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	35.02	/	175.807
	=	0.20

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.

Jadestone Energy Inventory Turnover Related Terms

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Jadestone Energy (LSE:JSE) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Jadestone Energy PLC (LSE:JSE) » Definitions » Inventory Turnover

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JDSEF:USA 8KW:Germany

Address

3 Anson Road, No. 13-01 Springleaf Tower, Singapore, SGP, 079909

Website

https://www.jadestone-energy.com

Jadestone Energy PLC is an independent oil and gas production and development company focused on the Asia-Pacific region. It owns interests in the Montara project and the Stag oilfield, offshore Western Australia. In addition, it holds exploration and pre-development assets in Vietnam and other parts of Southeast Asia and has executed agreements to acquire the Maari project, offshore New Zealand, and the Lemang PSC, onshore Sumatra, Indonesia. The geographic focus of the business is Australia followed by Southeast Asia.

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