GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » JE Cleantech Holdings Ltd (STU:XN60) » Definitions » Inventory Turnover

JE Cleantech Holdings (STU:XN60) Inventory Turnover : 0.00 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is JE Cleantech 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. JE Cleantech Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was €0.00 Mil. JE Cleantech Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was €9.07 Mil. JE Cleantech Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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.


JE Cleantech Holdings Inventory Turnover Historical Data

The historical data trend for JE Cleantech 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.

* Premium members only.

JE Cleantech Holdings Inventory Turnover Chart

JE Cleantech Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
4.28 6.58 6.42 1.89 1.05

JE Cleantech Holdings Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

JE Cleantech Holdings Inventory Turnover Calculation

JE Cleantech Holdings'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 )
=9.408 / ((8.305 + 9.688) / 2 )
=9.408 / 8.9965
=1.05

JE Cleantech Holdings'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=0 / ((8.459 + 9.688) / 2 )
=0 / 9.0735
=0.00

* 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.


JE Cleantech Holdings  (STU:XN60) 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.

JE Cleantech Holdings'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
=9.0735/0*365 / 4
=

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.

JE Cleantech Holdings'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 )
=9.0735 / 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.


JE Cleantech Holdings Inventory Turnover Related Terms

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


JE Cleantech Holdings (STU:XN60) Business Description

Traded in Other Exchanges
Address
3 Woodlands Sector 1, Singapore, SGP, 738361
JE Cleantech Holdings Ltd is engaged in the manufacturing and selling of cleaning systems and other equipment that can be categorized into four different categories, namely aqueous washing systems, plating and cleaning systems, train cleaning systems, and other equipment, such as filtration units. The product lives of its cleaning systems and other equipment range from two to ten years. The company is also into designing, developing, and manufacturing other cleaning systems for various industrial end-use applications using its R&D and engineering capabilities. It derives a majority of its revenue from Singapore.

JE Cleantech Holdings (STU:XN60) Headlines

No Headlines