Judges Scientific (FRA:IUF) Inventory Turnover : 0.00 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Judges Scientific 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. Judges Scientific's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.0 Mil. Judges Scientific's Average Total Inventories for the quarter that ended in Dec. 2023 was €31.9 Mil. Judges Scientific'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. Judges Scientific's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.37.

Judges Scientific Inventory Turnover Historical Data

The historical data trend for Judges Scientific'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.

Judges Scientific Inventory Turnover Chart

Judges Scientific Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

2.73

2.39

2.56

1.97

1.70

Judges Scientific Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Judges Scientific Inventory Turnover Calculation

Judges Scientific'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 )
=	47.939	/ (	(25.641	+	30.76)	/	2 )
=	47.939	/	28.2005
=	1.70

Judges Scientific'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	/ (	(33.097	+	30.76)	/	2 )
=	0	/	31.9285
=	0.00

Judges Scientific (FRA:IUF) 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.

Judges Scientific's Days Inventory for the six 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
	=	31.9285	/	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.

Judges Scientific'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 )
	=	31.9285	/	86.825
	=	0.37

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.

Judges Scientific Inventory Turnover Related Terms

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

Judges Scientific (FRA:IUF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Judges Scientific PLC (FRA:IUF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

JDG:UK IUF:Germany

Address

52c Borough High Street, London, GBR, SE1 1XN

Website

https://www.judges.uk.com

Judges Scientific PLC is engaged in the designing, manufacturing, and sale of scientific instruments. The company operates two main operating segments: Materials Sciences and Vacuum. The firm specializes in the acquisition and development of a portfolio of scientific instrument businesses. The company has operational footprints across the United Kingdom, the Rest of Europe, North America, and the Rest of the world.

Judges Scientific (FRA:IUF) Headlines

No Headlines