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JJSF (J&J Snack Foods) Total Inventories : $173 Mil (As of Sep. 2024)


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What is J&J Snack Foods Total Inventories?

J&J Snack Foods's total inventories for the quarter that ended in Sep. 2024 was $173 Mil. J&J Snack Foods's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $176 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. J&J Snack Foods's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-5.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. J&J Snack Foods's Days Inventory for the three months ended in Sep. 2024 was 55.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. J&J Snack Foods's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.65.

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&J Snack Foods's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.41.


J&J Snack Foods Total Inventories Historical Data

The historical data trend for J&J Snack Foods'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.

J&J Snack Foods Total Inventories Chart

J&J Snack Foods Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.92 123.16 180.47 171.54 173.14

J&J Snack Foods Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 171.54 172.72 188.71 179.70 173.14

J&J Snack Foods 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.


J&J Snack Foods  (NAS:JJSF) 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.

J&J Snack Foods's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(73.394+0.75 * 189.233+0.5 * 173.141-408.131
-0-0)/19.46
=-5.46

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

J&J Snack Foods's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=176.4185/291.225*365 / 4
=55.28

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

J&J Snack Foods's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=291.225 / 176.4185
=1.65

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.

J&J Snack Foods's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=176.4185 / 426.756
=0.41

* 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.


J&J Snack Foods Total Inventories Related Terms

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J&J Snack Foods Business Description

Traded in Other Exchanges
Address
350 Fellowship Road, Mt. Laurel, NJ, USA, 08054
J&J Snack Foods Corp manufactures, markets, and distributes snack foods and beverages to foodservice and retail supermarket outlets. The company's products include frozen beverages, juice, fruit bars, sorbet, cakes, and cookies that are distributed to various consumers, including restaurants, supermarkets, convenience stores, universities, theaters, and theme parks. The company operates in three business segments: food service, which sells snacks, desserts, and baked goods at the point-of-sale; retail supermarkets, which sells frozen and prepackaged products to supermarkets; and frozen beverages, which sells frozen beverages under brands Icee, Slush puppie, and Parrot ice in the United States, Mexico, and Canada.
Executives
Mary Lou Kehoe officer: VP, Human Resources 9 GITHENS LANE, LUMBERTON NJ 08048
Robert Cranmer officer: Senior VP, Operations 3 EAST DICKENS COURT, JACKSON NJ 08527
Marjorie Shreiber Roshkoff director 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
Gerald B Shreiber director, 10 percent owner, officer: President and CEO 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
Dan Fachner officer: President, ICEE 1205 DUPONT CIRCLE, ONTARIO CA 91761-7817
Stephen Every officer: COO, The ICEE Co C/O J & J SNACK FOODS CORP., 6000 CENTRAL HIGHWAY, PENNSAUKEN PA 08109
Mary Meder director 201 S. 18TH ST #2416, PHILADELPHIA PA 19103
Roy Christopher Jackson director 1040 BRICKYARD LANE, GREENSBORO GA 30642
Michael A Pollner officer: SVP, General Counsel & Secy. C/O KNOLL, INC., 1235 WATER STREET, EAST GREENVILLE PA 18041
Robert Joseph Pape officer: Senior Vice President 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
2021 Irrevocable Trust For Gerald B. Shreiber 10 percent owner 6000 CENTRAL HIGHWAY, PENNSAUKEN PA 08109
Lynwood Mallard officer: Senior Vice President and CMO C/O J & J SNACK FOODS CORP., 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
Dennis G Moore director, officer: Sr. Vice President 6000 CNTRAL HIGHWAY, PENNSAUKEN NJ 08109
Robert M Radano director, officer: Senior Vice President 6000 CNTRAL HIGHWAY, PENNSAUKEN NJ 08109
Ken Allen Plunk officer: Senior Vice President and CFO 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109