JOEY (Joey New York) Total Inventories: $0.09 Mil (As of May. 2017)

What is Joey New York Total Inventories?

Joey New York JOEY Total Inventories is $0.09 Mil as of May. 2017.

Joey New York's total inventories for the quarter that ended in May. 2017 was $0.09 Mil. Joey New York's average total inventories from the quarter that ended in Feb. 2017 to the quarter that ended in May. 2017 was $0.14 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Joey New York's Net-Net Working Capital per share for the quarter that ended in May. 2017 was $-0.21.

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 three months 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) 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.

Joey New York's Net-Net Working Capital Per Share for the quarter that ended in May. 2017 is

	Net-Net Working Capital Per Share (Q: May. 2017 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.126	+	0.75 * 0	+	0.5 * 0.086	-	6.215
-	0	-	0)	/	28.370
=	-0.21

2. 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 three months ended in May. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: May. 2017 )	/	Cost of Goods Sold (Q: May. 2017 )	*	Days in Period
	=	0.1365	/	0.07	*	365 / 4
	=	177.94

3. 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 (Q: May. 2017 )	/	Average Total Inventories (Q: May. 2017 )
	=	0.07	/	0.1365
	=	0.51

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: May. 2017 )	/	Revenue (Q: May. 2017 )
	=	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.

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.

Joey New York Total Inventories Related Terms

Joey New York Total Inventories Historical Data

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The historical data trend for Joey New York's Total Inventories can be seen below:

Joey New York Total Inventories Chart

Joey New York Annual Data

Trend

Feb12

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Total Inventories

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0.03

0.04

0.19

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
Total Inventories	Get a 7-Day Free Trial															0.04	0.08	0.16	0.19	0.09

Joey New York 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.

Frequently Asked Questions Learn more about Total Inventories →

What does a Total Inventories of $0.09 Mil mean?

Joey New York (JOEY) has a Total Inventories of $0.09 Mil as of May. 2017. The total amount of inventory as recorded on a company's balance sheet. View historical data for Joey New York and its competitors.

Is Joey New York's Total Inventories too high?

Joey New York's current Total Inventories is $0.09 Mil.

How does Joey New York's Total Inventories compare to DEVV and SKVI?

Joey New York's Total Inventories 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 Total Inventories for a Consumer Packaged Goods company?

A good Total Inventories depends on the Consumer Packaged Goods industry context. However, Total Inventories 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 Total Inventories mean?

A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Joey New York and its competitors. Joey New York's current Total Inventories 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 Total Inventories of $0.09 Mil. The current Total Inventories is $0.09 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Total Inventories calculated?

Total Inventories is calculated from a company's financial statements. For Joey New York (JOEY), the current Total Inventories 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

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies DEVV BOM:531211 WAR:MRA SKVI BOM:531663 BSP:HETA4 BOM:523289 TISUQ NGM:SANNA B BOM:530853 BOM:507970 BOM:532034 WAR:4MS WAR:HRP BOM:523120 BOM:541865 XPAR:LEBL WAR:PEX BOM:524136 XPAR:MLSDN

Address 16001 Collins Avenue Number 3202, Trump Tower I, Sunny Isles Beach, FL, USA, 33160

Website http://www.joeynewyork.com

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.