Johnson Matthey (Johnson Matthey) Total Inventories : $1,877 Mil (As of Sep. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Johnson Matthey Total Inventories?

Johnson Matthey's total inventories for the quarter that ended in Sep. 2023 was $1,877 Mil. Johnson Matthey's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was $1,972 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Johnson Matthey's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-19.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Johnson Matthey's Days Inventory for the six months ended in Sep. 2023 was 47.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Johnson Matthey's Inventory Turnover for the quarter that ended in Sep. 2023 was 3.82.

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 Matthey's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.24.

Johnson Matthey Total Inventories Historical Data

The historical data trend for Johnson Matthey'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.

Johnson Matthey Total Inventories Chart

Johnson Matthey Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

Get a 7-Day Free Trial

1,733.86

2,353.96

2,515.95

2,040.84

2,065.53

Johnson Matthey Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Inventories	Get a 7-Day Free Trial															2,752.75	2,040.84	2,016.99	2,065.53	1,877.48

Johnson Matthey 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.

Johnson Matthey (OTCPK:JMPLY) 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.

Johnson Matthey's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

	Net-Net Working Capital Per Share (Q: Sep. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(681.931	+	0.75 * 2176.98	+	0.5 * 1877.475	-	5044.554
-	0	-	0)	/	92.061
=	-19.46

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

Johnson Matthey's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	1971.5045	/	7529.703	*	365 / 2
	=	47.78

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

Johnson Matthey's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	7529.703	/	1971.5045
	=	3.82

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 Matthey's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	1971.5045	/	8082.921
	=	0.24

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.

Johnson Matthey Total Inventories Related Terms

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

Johnson Matthey (Johnson Matthey) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Johnson Matthey PLC (OTCPK:JMPLY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

JMPLF:USA JMATl:UK JMAT:UK JMT2:Germany

Address

25 Farringdon Street, 5th Floor, London, GBR, EC4A 4AB

Website

https://www.matthey.com

Based in the U.K., Johnson Matthey is a global leader in production of emissions catalysts for automobiles and trucks. The company also manufactures industrial catalysts for the chemicals and oil and gas sectors, and a variety of other industrial products derived from platinum-group metals. The company is seeking to be a leader in hydrogen technologies.