Jason Marine Group (SGX:5PF) Inventory Turnover : 1.71 (As of Sep. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Jason Marine Group 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. Jason Marine Group's Cost of Goods Sold for the six months ended in Sep. 2024 was S$14.55 Mil. Jason Marine Group's Average Total Inventories for the quarter that ended in Sep. 2024 was S$8.51 Mil. Jason Marine Group's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jason Marine Group's Days Inventory for the six months ended in Sep. 2024 was 106.77.

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. Jason Marine Group's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.42.

Jason Marine Group Inventory Turnover Historical Data

The historical data trend for Jason Marine Group'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.

Jason Marine Group Inventory Turnover Chart

Jason Marine Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

5.15

6.34

7.22

5.14

3.82

Jason Marine Group 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															2.39	2.49	2.09	1.78	1.71

Jason Marine Group Inventory Turnover Calculation

Jason Marine Group'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 )
=	24.387	/ (	(4.59	+	8.191)	/	2 )
=	24.387	/	6.3905
=	3.82

Jason Marine Group'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 )
=	14.55	/ (	(8.191	+	8.833)	/	2 )
=	14.55	/	8.512
=	1.71

Jason Marine Group (SGX:5PF) 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.

Jason Marine Group'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
	=	8.512	/	14.55	*	365 / 2
	=	106.77

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.

Jason Marine Group'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 )
	=	8.512	/	20.355
	=	0.42

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.

Jason Marine Group Inventory Turnover Related Terms

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

Jason Marine Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jason Marine Group Ltd (SGX:5PF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

194 Pandan Loop, Number 06-05 Pantech Business Hub, Singapore, SGP, 128383

Website

https://www.jason.com.sg

Jason Marine Group Ltd is a marine electronics system integrator and provides support services for the marine and offshore oil and gas industries. Its segments are as follows, sale of goods, which involves the design, supply, and sale of marine, communication, navigation, and automation equipment; and rendering of services, which is engaged in the provision of maintenance and support services; and Airtime Revenue, which is engaged in the provision of airtime for the satellite communication system. The company makes its majority revenue from the sale of goods segment and has operations spread across the world.

Jason Marine Group Headlines

No Headlines