JOEY (Joey New York) Change In Inventory: $-0.09 Mil (TTM As of May. 2017)

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What is Joey New York Change In Inventory?

Joey New York JOEY Change In Inventory is $-0.09 Mil as of May. 2017.

Joey New York's change in inventory for the quarter that ended in May. 2017 was $0.06 Mil. It means Joey New York's inventory declined by $0.06 Mil from Feb. 2017 to May. 2017 .

Joey New York's change in inventory for the fiscal year that ended in Feb. 2017 was $-0.14 Mil. It means Joey New York's inventory increased by $0.14 Mil from Feb. 2016 to Feb. 2017 .

Joey New York's Total Inventories for the quarter that ended in May. 2017 was $0.09 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Joey New York's Days Inventory for the quarter that ended in May. 2017 was 177.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Joey New York's Inventory Turnover for the quarter that ended in May. 2017 was 0.51.

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. Joey New York's Inventory-to-Revenue for the quarter that ended in May. 2017 was 0.96.

Joey New York  (OTCPK:JOEY) Change In Inventory Explanation

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

Joey New York's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.1365/0.07*365 / 4
=177.94

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

Joey New York's Inventory Turnover for the quarter that ended in May. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.07 / 0.1365
=0.51

3. 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.

Joey New York's Inventory to Revenue for the quarter that ended in May. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.1365 / 0.142
=0.96

* 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.

Joey New York Change In Inventory Related Terms

Joey New York Change In Inventory Historical Data

* Premium members only.

The historical data trend for Joey New York's Change In 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.

Joey New York Change In Inventory Chart

Joey New York Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Change In Inventory
Get a 7-Day Free Trial 0.00 0.00 0.07 -0.01 -0.14

Joey New York Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
Change In 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 0.00 -0.03 -0.08 -0.03 0.06

Joey New York Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in May. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.09 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-0.09 Mil mean?
Joey New York (JOEY) has a Change In Inventory of $-0.09 Mil as of May. 2017. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Joey New York and its competitors.
Is Joey New York's Change In Inventory too high?
Joey New York's current Change In Inventory is $-0.09 Mil.
How does Joey New York's Change In Inventory compare to DEVV and SKVI?
Joey New York's Change In Inventory of $-0.09 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Consumer Packaged Goods company?
A good Change In Inventory depends on the Consumer Packaged Goods industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Joey New York and its competitors. Joey New York's current Change In Inventory is $-0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joey New York stock overvalued right now?
Joey New York (JOEY) has a current Change In Inventory of $-0.09 Mil. The current Change In Inventory is $-0.09 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Joey New York (JOEY), the current Change In Inventory is $-0.09 Mil as of May. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Joey New York Business Description

Address 16001 Collins Avenue Number 3202, Trump Tower I, Sunny Isles Beach, FL, USA, 33160
Joey New York Inc through its wholly-owned subsidiary distributes natural skincare and beauty products on wholesale and retail levels. It offers skincare treatments and beauty enhancements that are health conscious, effective and affordable under the Joey New York brand name. Geographically, it operates through the United States and its business is amplifying internationally due to the Increasing demand for organic and natural cosmetic products.