GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Jakks Pacific Inc (NAS:JAKK) » Definitions » Total Inventories

Jakks Pacific (Jakks Pacific) Total Inventories : $52.6 Mil (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Jakks Pacific Total Inventories?

Jakks Pacific's total inventories for the quarter that ended in Dec. 2023 was $52.6 Mil. Jakks Pacific's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $60.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jakks Pacific's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jakks Pacific's Days Inventory for the three months ended in Dec. 2023 was 59.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jakks Pacific's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.54.

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. Jakks Pacific's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.48.


Jakks Pacific Total Inventories Historical Data

The historical data trend for Jakks Pacific's Total Inventories 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.

* Premium members only.

Jakks Pacific Total Inventories Chart

Jakks Pacific Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.26 38.64 83.95 80.62 52.65

Jakks Pacific Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.62 63.99 65.06 68.83 52.65

Jakks Pacific Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Jakks Pacific  (NAS:JAKK) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Jakks Pacific's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(72.35+0.75 * 123.797+0.5 * 52.647-208.83
-0-0.708)/10.0962
=-1.78

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

Jakks Pacific's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=60.7395/93.663*365 / 4
=59.17

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

Jakks Pacific's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=93.663 / 60.7395
=1.54

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.

Jakks Pacific's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=60.7395 / 127.396
=0.48

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Jakks Pacific Total Inventories Related Terms

Thank you for viewing the detailed overview of Jakks Pacific's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Jakks Pacific (Jakks Pacific) Business Description

Traded in Other Exchanges
Address
2951 28th Street, Santa Monica, CA, USA, 90405
Jakks Pacific Inc is a multi-brand toy company that designs, produces, markets, and distributes toys and related products, consumables, and related products, electronics and related products, kids' indoor and outdoor furniture, and other consumer products. Its products offering include Traditional toys and electronics such as Action figures, Toy vehicles, Dolls and accessories, Ride-on toys, Toys for pets, and others.
Executives
Benefit Street Partners Llc 10 percent owner 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Lawrence I Rosen 10 percent owner 1578 SUSSEX TURNPIKE, BUILDING 5, RANDOLPH NJ 07689
Stephen G Berman director, 10 percent owner, officer: CEO, President and Secretary 22619 PACIFIC COAST HWY, MALIBU CA 90265
Lori Macpherson director C/O JAKKS PACIFIC INC., 2951 28TH ST., SANTA MONICA CA 90405
Thomas Gahan 10 percent owner 9 WEST 57TH STREET, SUITE 4700, NEW YORK NY 10019
John Joseph Mcgrath officer: Chief Operating Officer 22619 PACIFIC COAST HIGHWAY, MALIBU CA 90265
John Louis Kimble officer: Chief Financial Officer 49 8TH STREET, HERMOSA BEACH CA 90254
Carole Levine director C/O JAKKS PACIFIC INC., 2951 28TH STREET, SANTA MONICA CA 90405
Axar Capital Management L.p. director, other: See Remarks 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Axar Gp, Llc director, other: See Remarks C/O AXAR CAPITAL MANAGEMENT, LP, 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Andrew Axelrod director, other: See Remarks C/O AXAR CAPITAL MANAGEMENT, LP, 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Matthew T. Winkler director C/O JAKKS PACIFIC INC., 2951 28TH STREET, SANTA MONICA CA 90405
Brent T Novak officer: Chief Financial Officer C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Michael S Sitrick director 11777 SAN VICENTE BLVD SUITE 5500, LOS ANGELES CA 90049
Meisheng Cultural & Creative Corp., Ltd. 10 percent owner NANYAN DISTRICT, HI-TECH INDUSTRIAL PARK, XINCHANG, SHAOXING F4 312500

Jakks Pacific (Jakks Pacific) Headlines