Jack In The Box (FRA:JBX) Inventory Turnover : 80.71 (As of Jan. 2024)

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

What is Jack In The Box Inventory Turnover?

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. Jack In The Box's Cost of Goods Sold for the three months ended in Jan. 2024 was €310 Mil. Jack In The Box's Average Total Inventories for the quarter that ended in Jan. 2024 was €4 Mil. Jack In The Box's Inventory Turnover for the quarter that ended in Jan. 2024 was 80.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jack In The Box's Days Inventory for the three months ended in Jan. 2024 was 1.13.

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. Jack In The Box's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.01.

Jack In The Box Inventory Turnover Historical Data

The historical data trend for Jack In The Box'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.

Jack In The Box Inventory Turnover Chart

Jack In The Box Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

Get a 7-Day Free Trial

342.95

359.79

353.56

286.25

247.45

Jack In The Box Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															68.32	52.52	60.20	62.51	80.71

Jack In The Box Inventory Turnover Calculation

Jack In The Box's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	1109.568	/ (	(5.317	+	3.651)	/	2 )
=	1109.568	/	4.484
=	247.45

Jack In The Box's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	309.633	/ (	(3.651	+	4.022)	/	2 )
=	309.633	/	3.8365
=	80.71

Jack In The Box (FRA:JBX) 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.

Jack In The Box's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	3.8365	/	309.633	*	365 / 4
	=	1.13

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.

Jack In The Box's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	3.8365	/	447.523
	=	0.01

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.

Jack In The Box Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Jack In The Box's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Jack In The Box (FRA:JBX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jack In The Box Inc (FRA:JBX) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

JACK:USA

Address

9357 Spectrum Center Boulevard, San Diego, CA, USA, 92123

Website

https://www.jackinthebox.com

Jack In The Box Inc operates quick-service restaurants and fast-casual restaurants in California, the USA under the brands Jack in the Box. The company menu offers burgers, tacos, regular and curly fries, specialty sandwiches, salads and ice cream shakes. These foods are available with the option of customization as per customer requirements. The company also offer catering and delivery services to its customers. Jack in the Box and Del Taco restaurant brands are the two operating segments, out of which Jack in the box generates maximum revenue.

Jack In The Box (FRA:JBX) Headlines

No Headlines