John Bnfilippo & Son (John Bnfilippo & Son) Inventory Turnover

: 1.25 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. John Bnfilippo & Son's Cost of Goods Sold for the three months ended in Dec. 2023 was $233.3 Mil. John Bnfilippo & Son's Average Total Inventories for the quarter that ended in Dec. 2023 was $186.1 Mil. John Bnfilippo & Son's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. John Bnfilippo & Son's Days Inventory for the three months ended in Dec. 2023 was 72.78.

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. John Bnfilippo & Son's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.64.

John Bnfilippo & Son Inventory Turnover Historical Data

The historical data trend for John Bnfilippo & Son's Inventory Turnover 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.

John Bnfilippo & Son Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

4.33

4.28

4.21

4.29

4.17

John Bnfilippo & Son Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover																1.19	1.04	0.99	1.02	1.25

John Bnfilippo & Son Inventory Turnover Calculation

John Bnfilippo & Son's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	788.055	/ (	(204.855	+	172.936)	/	2 )
=	788.055	/	188.8955
=	4.17

John Bnfilippo & Son's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	233.283	/ (	(174.789	+	197.335)	/	2 )
=	233.283	/	186.062
=	1.25

John Bnfilippo & Son (NAS:JBSS) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

John Bnfilippo & Son'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
	=	186.062	/	233.283	*	365 / 4
	=	72.78

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.

John Bnfilippo & Son's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	186.062	/	291.222
	=	0.64

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

John Bnfilippo & Son Inventory Turnover Related Terms

Thank you for viewing the detailed overview of John Bnfilippo & Son's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

John Bnfilippo & Son (John Bnfilippo & Son) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » John B Sanfilippo & Son Inc (NAS:JBSS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

JO1:Germany

Address

1703 North Randall Road, Elgin, IL, USA, 60123

Website

https://jbssinc.com

John B Sanfilippo & Son Inc is one of the processors and distributors of peanuts, pecans, cashews, walnuts, almonds, and other nuts in the United States. These nuts are sold under a variety of private brands and under the Fisher, Orchard Valley Harvest, and Sunshine Country brand names. It also market and distribute, and in the majority of cases, manufacture or process, a diverse product line of food and snack products, including peanut butter, almond butter, cashew butter, candy and confections, snacks and trail mixes, snack bites, sunflower kernels, dried fruit, corn snacks, sesame sticks and other sesame snack products under private brands and brand names.

Executives

Jeffrey T Sanfilippo	director, officer: Exec VP Sales & Marketing	1703 N. RANDALL ROAD, ELGIN IL 60123-7820
James J Sanfilippo	other: Member of 13(d) Group	1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Ellen Taaffe	director	1703 N. RANDALL ROAD, ELGIN IL 60123
Sanfilippo Jasper Brian Jr	officer: Exec VP, Assist. Secretary	1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Lisa Evon	other: Member of 13(d) Group	1703 N. RANDALL ROAD, ELGIN IL 60123-7820
John E Sanfilippo	other: Member of 13(d) Group	1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Michael J Finn	officer: VP, Corporate Controller	1703 N RANDALL ROAD, ELGIN IL 60123-7820
Gina M Lakatos	officer: VP, General Counsel, Secretary	1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Julia A Pronitcheva	officer: SVP Human Resources	1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Mercedes Romero	director	4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
Pamela Forbes Lieberman	director	3400 N.WOLF ROAD, FRANKLIN PARK IL 60131
Daniel M Wright	director	1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Mathias A Valentine	director, officer: President	1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Howard Brandeisky	officer: VP, Global Marketing	1703 N. RANDALL ROAD, ELGIN IL 60123
Timothy R Donovan	director	1703 N. RANDALL ROAD, ELGIN IL 60123