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JD Sports Fashion (LSE:JD.) Total Inventories : £1,625 Mil (As of Jul. 2023)


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What is JD Sports Fashion Total Inventories?

JD Sports Fashion's total inventories for the quarter that ended in Jul. 2023 was £1,625 Mil. JD Sports Fashion's average total inventories from the quarter that ended in Jan. 2023 to the quarter that ended in Jul. 2023 was £1,546 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. JD Sports Fashion's Net-Net Working Capital per share for the quarter that ended in Jul. 2023 was £-0.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. JD Sports Fashion's Days Inventory for the six months ended in Jul. 2023 was 113.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. JD Sports Fashion's Inventory Turnover for the quarter that ended in Jul. 2023 was 1.61.

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. JD Sports Fashion's Inventory-to-Revenue for the quarter that ended in Jul. 2023 was 0.32.


JD Sports Fashion Total Inventories Historical Data

The historical data trend for JD Sports Fashion'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.

JD Sports Fashion Total Inventories Chart

JD Sports Fashion Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 763.80 811.80 813.70 989.40 1,466.40

JD Sports Fashion Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 996.70 989.40 1,428.50 1,466.40 1,625.10

JD Sports Fashion 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.


JD Sports Fashion  (LSE:JD.) 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.

JD Sports Fashion's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2023 is

Net-Net Working Capital Per Share (Q: Jul. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1391.1+0.75 * 292.1+0.5 * 1625.1-5413.4
-0-544.2)/5183.14
=-0.68

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

JD Sports Fashion's Days Inventory for the six months ended in Jul. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2023 )/Cost of Goods Sold (Q: Jul. 2023 )*Days in Period
=1545.75/2486.9*365 / 2
=113.43

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

JD Sports Fashion's Inventory Turnover for the quarter that ended in Jul. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2023 ) / Average Total Inventories (Q: Jul. 2023 )
=2486.9 / 1545.75
=1.61

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.

JD Sports Fashion's Inventory to Revenue for the quarter that ended in Jul. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2023 ) / Revenue (Q: Jul. 2023 )
=1545.75 / 4783.9
=0.32

* 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.


JD Sports Fashion Total Inventories Related Terms

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JD Sports Fashion (LSE:JD.) Business Description

Traded in Other Exchanges
Address
Hollinsbrook Way, Pilsworth, Bury, Lancashire, GBR, BL9 8RR
JD Sports Fashion PLC is a U.K. retailer of branded sportswear and fashionwear. The company has stores in the United Kingdom, mainland Europe, and outside Europe. The offering includes international brands, such as Adidas, Nike and The North Face, and own-brand labels, such as McKenzie, Carbrini, Supply & Demand and The Duffer of St George. The store network consists of various shops: Size?, Footpatrol, Chausport, Sprinter, Scotts, Tessuti, Cloggs, Mainline, and Ultimate Outdoors, among others. Stores are specialized: Footpatrol is a sneaker provider; Size? offers footwear, apparel, and accessories; and Chausport operates throughout France selling international footwear brands, such as Nike.

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