NewJersey Resources Corporation (NJR)
Inventory turnover
| Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,585,740 | 1,100,070 | 1,352,510 | 2,310,820 | 1,718,570 |
| Inventory | US$ in thousands | 259,256 | 237,609 | 226,523 | 293,968 | 213,167 |
| Inventory turnover | 6.12 | 4.63 | 5.97 | 7.86 | 8.06 |
September 30, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,585,740K ÷ $259,256K
= 6.12
Peer comparison
Sep 30, 2025
Company name
Symbol
Inventory turnover
NewJersey Resources Corporation
NJR
6.12
Atmos Energy Corporation
ATO
11.68
Spire Inc
SR
1.92
UGI Corporation
UGI
10.96