Days Inventory is also known as Days Sales of Inventory (DSI). J&J Snack Foods's Average Total Inventories for the
three
months ended in Dec. 2023 was $172 Mil. J&J Snack Foods's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $254 Mil.
Hence, J&J Snack Foods's Days Inventory for the
three
months ended in Dec. 2023 was 61.91.
The historical rank and industry rank for J&J Snack Foods's Days Inventory or its related term are showing as below:
JJSF'
s Days Inventory Range Over the Past 10 Years
Min: 42.71 Med: 49.6 Max: 59.71
Current: 59.71
During the past 13 years, J&J Snack Foods's highest Days Inventory was 59.71. The lowest was 42.71. And the median was 49.60.
JJSF's Days Inventory is ranked better than 67.53% of 1786
companies
in the Consumer Packaged Goods industry
Industry Median: 82.22
vs JJSF: 59.71
J&J Snack Foods's Days Inventory
declined
from Dec. 2022 (63.60) to Dec. 2023 (61.91).
Inventory Turnover measures how fast the company turns over its inventory within a year.
J&J Snack Foods's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.47.
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.
J&J Snack Foods's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.49.
J&J Snack Foods Days Inventory Historical Data
The historical data trend for J&J Snack Foods's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of J&J Snack Foods's Days Inventory
For the Packaged Foods subindustry, J&J Snack Foods's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
J&J Snack Foods's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, J&J Snack Foods's Days Inventory distribution charts can be found below:
* The bar in red indicates where J&J Snack Foods's Days Inventory falls into.
J&J Snack Foods Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
J&J Snack Foods's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
J&J Snack Foods (NAS:JJSF) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
J&J Snack Foods's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
2. 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.
J&J Snack Foods's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
J&J Snack Foods Days Inventory Related Terms
Thank you for viewing the detailed overview of J&J Snack Foods's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
J&J Snack Foods (J&J Snack Foods) Business Description
J&J Snack Foods Corp manufactures, markets, and distributes snack foods and beverages to foodservice and retail supermarket outlets. The company's products include frozen beverages, juice, fruit bars, sorbet, cakes, and cookies that are distributed to various consumers, including restaurants, supermarkets, convenience stores, universities, theaters, and theme parks. The company operates in three business segments: food service, which sells snacks, desserts, and baked goods at the point-of-sale; retail supermarkets, which sells frozen and prepackaged products to supermarkets; and frozen beverages, which sells frozen beverages under brands Icee, Slush puppie, and Parrot ice in the United States, Mexico, and Canada.
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