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JPP Holding Co (TPE:5284) Inventory Turnover : 0.75 (As of Dec. 2023)


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What is JPP Holding Co 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. JPP Holding Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$338 Mil. JPP Holding Co's Average Total Inventories for the quarter that ended in Dec. 2023 was NT$448 Mil. JPP Holding Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. JPP Holding Co's Days Inventory for the three months ended in Dec. 2023 was 120.88.

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. JPP Holding Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.93.


JPP Holding Co Inventory Turnover Historical Data

The historical data trend for JPP Holding Co'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.

JPP Holding Co Inventory Turnover Chart

JPP Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.64 3.07 3.07 3.34 3.21

JPP Holding Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.77 0.73 0.78 0.75

JPP Holding Co Inventory Turnover Calculation

JPP Holding Co'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 )
=1371.524 / ((387.706 + 466.375) / 2 )
=1371.524 / 427.0405
=3.21

JPP Holding Co'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=338.315 / ((429.939 + 466.375) / 2 )
=338.315 / 448.157
=0.75

* 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.


JPP Holding Co  (TPE:5284) 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.

JPP Holding Co's Days Inventory for the three 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
=448.157/338.315*365 / 4
=120.88

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.

JPP Holding Co'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 )
=448.157 / 483.586
=0.93

* 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.


JPP Holding Co Inventory Turnover Related Terms

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JPP Holding Co (TPE:5284) Business Description

Traded in Other Exchanges
N/A
Address
Songjiang Road, Room 1112, No. 152, Zhongshan District, Taipei City, TWN, 10458
JPP Holding Co Ltd produces various computerized and electronic control products for the aerospace, telecommunication, energy, health care, and manufacturing industries. Its products offerings comprise of Monitor Control Cabinet, Optical Fiber Communication System Cabinet, 3G Telecommunication Cabinet, Flight Control Computer, Mechanical parts for the cockpit electronics of aircraft with a full range of equipment, subsystems, and system for flight control, navigation, Motion Picture Projector, Surveillance system, Camera internal assembly components, Solar Power AC/DC Power Converter, Medical Display, Surgical Operation Table, Automatic Checkweighers, Metal Detector, Meat Analyzer, and others products.

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