JDE Peets NV (XAMS:JDEP) Inventory Turnover : 1.89 (As of Jun. 2024)

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What is JDE Peets NV 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. JDE Peets NV's Cost of Goods Sold for the six months ended in Jun. 2024 was €2,527 Mil. JDE Peets NV's Average Total Inventories for the quarter that ended in Jun. 2024 was €1,339 Mil. JDE Peets NV's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. JDE Peets NV's Days Inventory for the six months ended in Jun. 2024 was 96.70.

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. JDE Peets NV's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.32.

JDE Peets NV Inventory Turnover Historical Data

The historical data trend for JDE Peets NV'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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JDE Peets NV Inventory Turnover Chart

JDE Peets NV Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.59

5.30

5.02

4.62

3.97

JDE Peets NV Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial								2.22	2.03	1.76	2.04	1.89

JDE Peets NV Inventory Turnover Calculation

JDE Peets NV'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 )
=	5173	/ (	(1356	+	1248)	/	2 )
=	5173	/	1302
=	3.97

JDE Peets NV's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	2527	/ (	(1248	+	1430)	/	2 )
=	2527	/	1339
=	1.89

JDE Peets NV (XAMS:JDEP) 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.

JDE Peets NV's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	1339	/	2527	*	365 / 2
	=	96.70

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.

JDE Peets NV's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	1339	/	4210
	=	0.32

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.

JDE Peets NV Inventory Turnover Related Terms

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JDE Peets NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » JDE Peets NV (XAMS:JDEP) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

JDEPY:USA JDEPF:USA JDEP:Mexico JDEPa:UK 0A5I:UK JDE:Germany JDEP:Austria

Address

Oosterdoksstraat 80, Amsterdam, NH, NLD, 1011 DK

Website

https://www.jdepeets.com

Formed by a merger of D.E. Master Blenders and Mondelez International's coffee assets in 2015 and augmented by the acquisition of Peet's Coffee in 2019, JDE Peet's is the world's largest pure-play coffee and tea group by revenue, with operations in more than 100 developed and emerging countries. Its portfolio of over 50 brands includes global labels such as Peet's, Jacobs, L'Or, Senseo, Tassimo, and Pickwick; regional brands like Douwe Egberts, Stumptown, Kenco, Moccona, Intelligentsia, OldTown, Super, and Ofcay; and local marques such as Maison du Cafe in France, Harris in Australia, and Mighty Leaf Tea in the U.S. Offerings reach across the CPG, out-of-home, retail, and online channels. JDE Peet's was first listed in 2020, with Acorn Holdings and Mondelez owning the majority of shares.

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