J&J Snack Foods (J&J Snack Foods) Inventory-to-Revenue

: 0.49 (As of Dec. 2023)

View and export this data going back to 1986. Start your Free Trial

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 Average Total Inventories for the quarter that ended in Dec. 2023 was $172 Mil. J&J Snack Foods's Revenue for the three months ended in Dec. 2023 was $348 Mil. J&J Snack Foods's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.49.

J&J Snack Foods's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.39) to Sep. 2023 (0.49)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

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 three months ended in Dec. 2023 was 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 quarter that ended in Dec. 2023 was 1.47.

J&J Snack Foods Inventory-to-Revenue Historical Data

The historical data trend for J&J Snack Foods's Inventory-to-Revenue 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.

J&J Snack Foods Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory-to-Revenue

0.10

0.11

0.10

0.11

J&J Snack Foods Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue																0.52	0.54	0.42	0.39	0.49

Competitive Comparison

For the Packaged Foods subindustry, J&J Snack Foods's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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 Inventory-to-Revenue Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, J&J Snack Foods's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where J&J Snack Foods's Inventory-to-Revenue falls into.

J&J Snack Foods Inventory-to-Revenue Calculation

J&J Snack Foods's Inventory-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory-to-Revenue (A: Sep. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )
=	( (180.473	+	171.539)	/	2 )	/	1558.829
=	176.006					/	1558.829
=	0.11

J&J Snack Foods's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (171.539	+	172.724)	/	2 )	/	348.308
=	172.1315					/	348.308
=	0.49

J&J Snack Foods (NAS:JJSF) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. 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 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
	=	172.1315	/	253.723	*	365 / 4
	=	61.91

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

J&J Snack Foods'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 )
	=	253.723	/	172.1315
	=	1.47

J&J Snack Foods Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of J&J Snack Foods's Inventory-to-Revenue 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

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » J&J Snack Foods Corp (NAS:JJSF) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

JJ1:Germany

Address

350 Fellowship Road, Mt. Laurel, NJ, USA, 08054

Website

https://www.jjsnack.com

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.

Executives

Dan Fachner	officer: President, ICEE	1205 DUPONT CIRCLE, ONTARIO CA 91761-7817
Marjorie Shreiber Roshkoff	director	6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
Mary Lou Kehoe	officer: VP, Human Resources	9 GITHENS LANE, LUMBERTON NJ 08048
Stephen Every	officer: COO, The ICEE Co	C/O J & J SNACK FOODS CORP., 6000 CENTRAL HIGHWAY, PENNSAUKEN PA 08109
Robert Cranmer	officer: Senior VP, Operations	3 EAST DICKENS COURT, JACKSON NJ 08527
Mary Meder	director	201 S. 18TH ST #2416, PHILADELPHIA PA 19103
Gerald B Shreiber	director, 10 percent owner, officer: President and CEO	6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
Roy Christopher Jackson	director	1040 BRICKYARD LANE, GREENSBORO GA 30642
Michael A Pollner	officer: SVP, General Counsel & Secy.	C/O KNOLL, INC., 1235 WATER STREET, EAST GREENVILLE PA 18041
Robert Joseph Pape	officer: Senior Vice President	6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
2021 Irrevocable Trust For Gerald B. Shreiber	10 percent owner	6000 CENTRAL HIGHWAY, PENNSAUKEN PA 08109
Lynwood Mallard	officer: Senior Vice President and CMO	C/O J & J SNACK FOODS CORP., 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
Dennis G Moore	director, officer: Sr. Vice President	6000 CNTRAL HIGHWAY, PENNSAUKEN NJ 08109
Robert M Radano	director, officer: Senior Vice President	6000 CNTRAL HIGHWAY, PENNSAUKEN NJ 08109
Ken Allen Plunk	officer: Senior Vice President and CFO	6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109