JESCO Holdings (TSE:1434) Inventory Turnover : 0.80 (As of Aug. 2024)

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What is JESCO 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. JESCO Holdings's Cost of Goods Sold for the three months ended in Aug. 2024 was 円4,255 Mil. JESCO Holdings's Average Total Inventories for the quarter that ended in Aug. 2024 was 円5,314 Mil. JESCO Holdings's Inventory Turnover for the quarter that ended in Aug. 2024 was 0.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. JESCO Holdings's Days Inventory for the three months ended in Aug. 2024 was 113.95.

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. JESCO Holdings's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.98.

JESCO Holdings Inventory Turnover Historical Data

The historical data trend for JESCO 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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JESCO Holdings Inventory Turnover Chart

JESCO Holdings Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Inventory Turnover

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12.24

13.28

16.68

5.52

2.76

JESCO Holdings Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Inventory Turnover	Get a 7-Day Free Trial															1.33	0.56	0.61	0.61	0.80

JESCO Holdings Inventory Turnover Calculation

JESCO Holdings's Inventory Turnover for the fiscal year that ended in Aug. 2024 is calculated as

	Inventory Turnover (A: Aug. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2024 )	/ (	(Total Inventories (A: Aug. 2023 )	+	Total Inventories (A: Aug. 2024 ))	/	count )
=	12073.365	/ (	(2866.16	+	5889.441)	/	2 )
=	12073.365	/	4377.8005
=	2.76

JESCO Holdings's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

	Inventory Turnover (Q: Aug. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Aug. 2024 )	/ (	(Total Inventories (Q: May. 2024 )	+	Total Inventories (Q: Aug. 2024 ))	/	count )
=	4255.161	/ (	(4738.256	+	5889.441)	/	2 )
=	4255.161	/	5313.8485
=	0.80

JESCO Holdings (TSE:1434) 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.

JESCO Holdings's Days Inventory for the three months ended in Aug. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2024 )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
	=	5313.8485	/	4255.161	*	365 / 4
	=	113.95

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.

JESCO Holdings's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2024 )	/	Revenue (Q: Aug. 2024 )
	=	5313.8485	/	5437.012
	=	0.98

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.

JESCO Holdings Inventory Turnover Related Terms

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JESCO Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JESCO Holdings Inc (TSE:1434) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

21-1 Kita Shinjuku 2-chome Shinjuku-ku, Shinjuku Front Tower, 23rd Floor, Tokyo, JPN, 169-0074

Website

http://www.jesco.co.jp

JESCO Holdings Inc is an engineering technology company that handles the design, construction, maintenance, and maintenance related to the facilities of electricity and communication. It is engaged in engineering, procurement, and construction (EPC), Association of Southeast Asian Nations (ASEAN) EPC, and general media business. The ASEAN EPC project focuses on power plants, airports, factories, commercial facilities, and road accompaniment facilities. It also has integrated media business in which it sells large image equipment.

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