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Johnson & Johnson (NYSE:JNJ)
Change In Inventory
$-93 Mil (As of Jun. 2014)

Johnson & Johnson's change in inventory for the quarter that ended in Jun. 2014 was $-93 Mil. It means Johnson & Johnson's inventory declined by $93 Mil from Mar. 2014 to Jun. 2014 .

Johnson & Johnson's change in inventory for the fiscal year that ended in Dec. 2013 was $-622 Mil. It means Johnson & Johnson's inventory declined by $622 Mil from Dec. 2012 to Dec. 2013 .

Johnson & Johnson's inventory for the quarter that ended in Jun. 2014 was $8,155 Mil. Johnson & Johnson's average inventory for the quarter that ended in Jun. 2014 was $8,082 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. Johnson & Johnson's days inventory for the quarter that ended in Jun. 2014 was 121.79.

Inventory can be measured by Days Sales of Inventory (DSI). Johnson & Johnson's days sales of inventory (DSI) for the quarter that ended in Jun. 2014 was 37.73.

Inventory turnover measures how fast the company turns over its inventory within a year. Johnson & Johnson's inventory turnover for the quarter that ended in Jun. 2014 was 0.75.

Inventory to revenue ratio 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. Johnson & Johnson's inventory to revenue ratio for the quarter that ended in Jun. 2014 was 0.41.


Definition

Change In Inventory is the difference between last period’s ending inventory and the current period’s ending inventory.


Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Johnson & Johnson's Days Inventory for the quarter that ended in Jun. 2014 is calculated as:

Days Inventory
=( (Inventory (Q: Mar. 2014 )+Inventory (Q: Jun. 2014 ))/ 2 )/Cost of Goods Sold*Days in Period
=( (8009+8155)/ 2 )/6039*91
=8082/6039*91
=121.79

2. Inventory can be measured by Days Sales of Inventory (DSI).

Johnson & Johnson's Days Sales of Inventory for the quarter that ended in Jun. 2014 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=8082/19495*91
=37.73

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Johnson & Johnson's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

4. 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.

Johnson & Johnson's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Inventory, Days Inventory, Cost of Goods Sold, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Johnson & Johnson Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ChangeInInventory 11-396-21014-10195-196-715-1-622

Johnson & Johnson Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ChangeInInventory -16925592-288-259-252177-512-930
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