SJW Corporation (SJW)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	493,378	449,374	417,080	408,031	360,859
Inventory	US$ in thousands	—	9,753	10,878	12,097	5,000
Inventory turnover		—	46.08	38.34	33.73	72.17

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $493,378K ÷ $—K
= —

To calculate SJW Group's inventory turnover ratio, we need the cost of goods sold (COGS) and average inventory for each of the years provided in the table. The formula for inventory turnover is:

Inventory Turnover = COGS / Average Inventory

Without the specific figures for COGS and average inventory for SJW Group across the years 2019 to 2023, we are unable to compute the inventory turnover ratio. This ratio is crucial in assessing how efficiently the company is managing its inventory. A high inventory turnover ratio indicates that inventory is selling quickly, while a low ratio may suggest slow sales or overstocking. Further analysis would be needed to evaluate SJW Group's inventory management performance over the years provided.