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Jason Industries (Jason Industries) Total Inventories : $49.14 Mil (As of Jun. 2020)


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What is Jason Industries Total Inventories?

Jason Industries's total inventories for the quarter that ended in Jun. 2020 was $49.14 Mil. Jason Industries's average total inventories from the quarter that ended in Mar. 2020 to the quarter that ended in Jun. 2020 was $50.23 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jason Industries's Net-Net Working Capital per share for the quarter that ended in Jun. 2020 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jason Industries's Days Inventory for the three months ended in Jun. 2020 was 93.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jason Industries's Inventory Turnover for the quarter that ended in Jun. 2020 was 0.98.

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. Jason Industries's Inventory-to-Revenue for the quarter that ended in Jun. 2020 was 0.89.


Jason Industries Total Inventories Historical Data

The historical data trend for Jason Industries'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.

Jason Industries Total Inventories Chart

Jason Industries Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Inventories
Get a 7-Day Free Trial 80.43 73.60 70.82 49.48 49.94

Jason Industries Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 67.41 55.44 49.94 51.32 49.14

Jason Industries 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.


Jason Industries  (GREY:JSSNP.PFD) 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.

Jason Industries's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2020 is

Net-Net Working Capital Per Share (Q: Jun. 2020 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(34.026+0.75 * 33.907+0.5 * 49.141-467.845
-44.827-0)/0
=N/A

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

Jason Industries's Days Inventory for the three months ended in Jun. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2020 )/Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=50.23/49.198*365 / 4
=93.16

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

Jason Industries's Inventory Turnover for the quarter that ended in Jun. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2020 ) / Average Total Inventories (Q: Jun. 2020 )
=49.198 / 50.23
=0.98

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.

Jason Industries's Inventory to Revenue for the quarter that ended in Jun. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2020 ) / Revenue (Q: Jun. 2020 )
=50.23 / 56.212
=0.89

* 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.


Jason Industries Total Inventories Related Terms

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Jason Industries (Jason Industries) Business Description

Traded in Other Exchanges
N/A
Address
833 East Michigan Street, Suite 900, Milwaukee, WI, USA, 53202
Jason Industries Inc is an industrial manufacturing company. The company's operating segment includes Industrial; Engineered Components and Fiber Solutions. It generates maximum revenue from the Industrial segment. The company serves industries such as aerospace, automotive, construction, engineering, plastic, steel, hardware, welding, shipbuilding, industrial equipment, motorcycles, and lawn and turf care. Its industrial segment's product lines are comprised of industrial brushes, polishing buffs and compounds, abrasives, and roller technology products that are used in a broad range of industrial and infrastructure applications. Geographically, it derives a majority of revenue from the United States and also has a presence in Germany; Rest of Europe; Mexico and Other Countries.