NewJersey Resources Corporation (NJR)
Inventory turnover
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,221,052 | 1,120,801 | 1,238,418 | 1,184,928 | 1,171,005 | 1,198,197 | 1,194,791 | 1,128,582 | 1,352,511 | 1,774,322 | 2,041,272 | 2,334,769 | 2,310,818 | 2,160,549 | 2,041,081 | 1,885,703 | 1,718,572 | 1,550,359 | 1,471,018 | 1,413,585 |
| Inventory | US$ in thousands | 259,256 | 211,167 | 142,048 | 232,362 | 237,609 | 163,879 | 111,357 | 224,575 | 226,523 | 185,861 | 108,524 | 275,994 | 293,968 | 225,839 | 88,155 | 262,033 | 213,167 | 145,271 | 93,677 | 182,118 |
| Inventory turnover | 4.71 | 5.31 | 8.72 | 5.10 | 4.93 | 7.31 | 10.73 | 5.03 | 5.97 | 9.55 | 18.81 | 8.46 | 7.86 | 9.57 | 23.15 | 7.20 | 8.06 | 10.67 | 15.70 | 7.76 |
September 30, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,221,052K ÷ $259,256K
= 4.71
Peer comparison
Sep 30, 2025
Sep 30, 2025
Company name
Symbol
Inventory turnover
NewJersey Resources Corporation
NJR
4.71
Atmos Energy Corporation
ATO
11.23
Spire Inc
SR
4.85
UGI Corporation
UGI
10.96