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JNHMF (Jack Nathan Medical) Total Inventories : $0.00 Mil (As of Oct. 2023)


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What is Jack Nathan Medical Total Inventories?

Jack Nathan Medical's total inventories for the quarter that ended in Oct. 2023 was $0.00 Mil. Jack Nathan Medical's average total inventories from the quarter that ended in Jul. 2023 to the quarter that ended in Oct. 2023 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jack Nathan Medical's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was $-0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jack Nathan Medical's Days Inventory for the three months ended in Oct. 2023 was 0.00.

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

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 Nathan Medical's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.00.


Jack Nathan Medical Total Inventories Historical Data

The historical data trend for Jack Nathan Medical'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.

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Jack Nathan Medical Total Inventories Chart

Jack Nathan Medical Annual Data
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Jack Nathan Medical Quarterly Data
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Jack Nathan Medical 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.


Jack Nathan Medical  (OTCPK:JNHMF) 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.

Jack Nathan Medical's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2023 is

Net-Net Working Capital Per Share (Q: Oct. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.856+0.75 * 0.868+0.5 * 0-12.217
-0-0)/87.0992
=-0.09

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

Jack Nathan Medical's Days Inventory for the three months ended in Oct. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2023 )/Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=0/1.02*365 / 4
=0.00

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

Jack Nathan Medical's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2023 ) / Average Total Inventories (Q: Oct. 2023 )
=1.02 / 0
=N/A

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.

Jack Nathan Medical's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=0 / 3.603
=0.00

* 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.


Jack Nathan Medical Total Inventories Related Terms

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Jack Nathan Medical Business Description

Traded in Other Exchanges
N/A
Address
6 - 6150 Highway 7, Suite 491, Jack Nathan Health, Woodbridge, ON, CAN, L4H 0R6
Jack Nathan Medical Corp is a provider of primary care medical clinics located in Walmart Supercentres under the Jack Nathan Health brand. The company designs, builds and sets barrier-free medical clinics for physicians in high-density centers, providing patients with an opportunity to receive immediate access to quality care in modern facilities.

Jack Nathan Medical Headlines

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