SJW Group Common Stock (SJW)

Inventory turnover

		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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cost of revenue (ttm)	US$ in thousands	366,045	376,019	360,900	330,248	302,607	273,579	265,149	263,558	263,524	259,470	257,275	258,297	255,114	256,284	252,047	247,944	247,950	244,641	231,681	215,031
Inventory	US$ in thousands	—	15,411	0	0	—	55,846	50,002	52,230	9,753	12,964	8,708	11,872	10,878	15,250	11,130	13,738	12,097	0	0	—
Inventory turnover		—	24.40	—	—	—	4.90	5.30	5.05	27.02	20.01	29.54	21.76	23.45	16.81	22.65	18.05	20.50	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $366,045K ÷ $—K
= —

The inventory turnover ratio for SJW Group Common Stock provides insight into how efficiently the company manages its inventory. A higher inventory turnover ratio indicates that inventory is being sold and replenished quickly, which can be seen as a positive sign of operational efficiency.

Looking at the data provided, the inventory turnover ratios for SJW Group Common Stock fluctuated over the period from December 31, 2020, to December 31, 2024. The ratio peaked at 29.54 on June 30, 2022, indicating a significant improvement in inventory management efficiency during that period.

However, there are also instances where the inventory turnover ratio decreased significantly, such as on March 31, 2023, and June 30, 2023, where the ratios dropped to 5.05 and 5.30, respectively. These lower ratios suggest that the company may have been facing challenges in selling its inventory quickly during those periods.

Overall, it is essential for investors and stakeholders to monitor SJW Group's inventory turnover ratio to assess the company's ability to efficiently manage its inventory levels and optimize its operations effectively.