GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » J. Alexander's Holdings Inc (NYSE:JAX) » Definitions » Days Inventory

J. Alexander's Holdings (J. Alexander's Holdings) Days Inventory : 6.33 (As of Jun. 2021)


View and export this data going back to 2015. Start your Free Trial

What is J. Alexander's Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). J. Alexander's Holdings's Average Total Inventories for the three months ended in Jun. 2021 was $2.9 Mil. J. Alexander's Holdings's Cost of Goods Sold for the three months ended in Jun. 2021 was $41.9 Mil. Hence, J. Alexander's Holdings's Days Inventory for the three months ended in Jun. 2021 was 6.33.

The historical rank and industry rank for J. Alexander's Holdings's Days Inventory or its related term are showing as below:

JAX's Days Inventory is not ranked *
in the Restaurants industry.
Industry Median: 15.46
* Ranked among companies with meaningful Days Inventory only.

J. Alexander's Holdings's Days Inventory declined from Jun. 2020 (11.10) to Jun. 2021 (6.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. J. Alexander's Holdings's Inventory Turnover for the three months ended in Jun. 2021 was 14.42.

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. Alexander's Holdings's Inventory-to-Revenue for the three months ended in Jun. 2021 was 0.04.


J. Alexander's Holdings Days Inventory Historical Data

The historical data trend for J. Alexander's Holdings'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.

* Premium members only.

J. Alexander's Holdings Days Inventory Chart

J. Alexander's Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial 6.34 6.67 7.12 7.28 8.31

J. Alexander's Holdings Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Days Inventory 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 11.10 8.46 7.41 7.21 6.33

Competitive Comparison of J. Alexander's Holdings's Days Inventory

For the Restaurants subindustry, J. Alexander's Holdings'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. Alexander's Holdings's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, J. Alexander's Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where J. Alexander's Holdings's Days Inventory falls into.



J. Alexander's Holdings Days Inventory Calculation

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

J. Alexander's Holdings's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (3.095 + 2.538) / 2 ) / 123.659*365
=2.8165 / 123.659*365
=8.31

J. Alexander's Holdings's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

Days Inventory (Q: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (2.8 + 3.017) / 2 ) / 41.945*365 / 4
=2.9085 / 41.945*365 / 4
=6.33

* 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. Alexander's Holdings  (NYSE:JAX) 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. Alexander's Holdings's Inventory Turnover for the three months ended in Jun. 2021 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. Alexander's Holdings's Inventory to Revenue for the three months ended in Jun. 2021 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. Alexander's Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of J. Alexander's Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


J. Alexander's Holdings (J. Alexander's Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3401 West End Avenue, Suite 260, P.O. Box 24300, Nashville, TN, USA, 37202
J. Alexander's Holdings Inc is an American restaurant operator. Its portfolio of properties consists of casual, stand-alone dining places in the United States, under trademarks such as Alexander's Restaurant, Black River Angus Beef, Black River Premium Beef, Legendary Steaks, Stoney River, Stoney River Legendary Steaks, and Stoney River Legendary Filet. Its restaurants are characterized by a trade name, different concepts, diverse architecture and authentic American meals.
Executives
Stout Lonnie J Ii director, officer: Executive Chairman 3401 WEST END AVENUE, SUITE 260 NASHVILLE TN 37202
Frank R Martire director CANNAE HOLDING, INC., 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Raymond R Quirk director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Douglas K Ammerman director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Ronald B Maggard director 10370 HEMET ST STE 240 RIVERSIDE CA 92503
J Michael Moore officer: EVP and COO PO BOX 24300 NASVILLE TN 37202
Timothy Janszen director 21 WATERWAY AVE SUITE 150 THE WOODLANDS TX 77380
Jessica Leigh Hagler officer: VP, CFO, Treasurer & Secretary 3401 WEST END AVENUE, SUITE #260 NASHVILLE TN 37203
Jason Scott Parks officer: VP & CIO 3401 WEST END AVE SUITE 260 NASHVILLE TN 37203
Trebia Acquisition Corp. other: No Relationship 41 MADISON AVENUE SUITE 2020 NEW YORK NY 10010
Carl J. Grassi director 3401 WEST END AVENUE, SUITE 260 NASHVILLE TN 37203
Mark A Parkey officer: President and CEO P.O. BOX 24300 NASHVILLE TN 37202
Newport Global Opportunities Fund Aiv-a Lp 10 percent owner 21 WATERWAY AVENUE, SUITE 150 THE WOODLANDS TX 77380
Newport Global Opportunities Fund I-a Lp 10 percent owner 21 WATERWAY AVENUE, SUITE 150 THE WOODLANDS TX 77380