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Jupiter Mines (STU:LGU) Inventory Turnover : 0.00 (As of Aug. 2023)


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What is Jupiter Mines 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. Jupiter Mines's Cost of Goods Sold for the six months ended in Aug. 2023 was €0.00 Mil. Jupiter Mines's Average Total Inventories for the quarter that ended in Aug. 2023 was €0.00 Mil.

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.


Jupiter Mines Inventory Turnover Historical Data

The historical data trend for Jupiter Mines'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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Jupiter Mines Inventory Turnover Chart

Jupiter Mines Annual Data
Trend Aug17 Feb19 Feb20 Feb21 Feb22 Feb23 Jun24
Inventory Turnover
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Jupiter Mines Semi-Annual Data
Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Jun24
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Jupiter Mines Inventory Turnover Calculation

Jupiter Mines's Inventory Turnover for the fiscal year that ended in Feb. 2023 is calculated as

Inventory Turnover (A: Feb. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2023 ) / ((Total Inventories (A: Feb. 2022 ) + Total Inventories (A: Feb. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Jupiter Mines's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover (Q: Aug. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Aug. 2023 ) / ((Total Inventories (Q: Feb. 2023 ) + Total Inventories (Q: Aug. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Jupiter Mines  (STU:LGU) 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.

Jupiter Mines's Days Inventory for the six months ended in Aug. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Aug. 2023 )/Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=0/0*365 / 2
=

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.

Jupiter Mines's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=0 / 0
=

* 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.


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.


Jupiter Mines Inventory Turnover Related Terms

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Jupiter Mines Business Description

Traded in Other Exchanges
Address
220 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
Jupiter Mines Ltd is a mining explorer and producer focusing on iron ore and manganese exploration and development projects in Western Australia and South Africa. Its core assets are Tshipi Solar Project.

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