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Janus International Group (Janus International Group) Total Inventories : $51 Mil (As of Mar. 2024)


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What is Janus International Group Total Inventories?

Janus International Group's total inventories for the quarter that ended in Mar. 2024 was $51 Mil. Janus International Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $50 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Janus International Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-3.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Janus International Group's Days Inventory for the three months ended in Mar. 2024 was 31.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Janus International Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.90.

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. Janus International Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.20.


Janus International Group Total Inventories Historical Data

The historical data trend for Janus International Group'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.

Janus International Group Total Inventories Chart

Janus International Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
25.28 56.60 67.70 48.40

Janus International Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 64.77 59.57 54.30 48.40 51.10

Janus International Group 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.


Janus International Group  (NYSE:JBI) 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.

Janus International Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(178.4+0.75 * 192+0.5 * 51.1-814.6
-0-0)/145.947
=-3.20

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

Janus International Group's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=49.75/144.1*365 / 4
=31.50

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

Janus International Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=144.1 / 49.75
=2.90

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.

Janus International Group's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=49.75 / 254.5
=0.20

* 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.


Janus International Group Total Inventories Related Terms

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Janus International Group (Janus International Group) Business Description

Traded in Other Exchanges
N/A
Address
135 Janus International Boulevard, Temple, GA, USA, 30179
Janus International Group Inc is a manufacturer and supplier of turnkey solutions for self-storage, commercial, and industrial building Solutions. The company provides products that include roll-up and swing doors, hallway systems, relocatable storage MASS (Moveable Additional Storage Structures) units, and technologies for automating facility and door operation. The company focuses on two primary markets, providing building solutions to the self-storage industry and the broader commercial industrial market. It is operated through two geographic regions; Janus North America and Janus International.
Executives
Ramey Pierce Jackson director, officer: Chief Executive Officer C/O JUNIPER HOLDINGS, 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Norman V Nettie officer: See Remarks C/O JUNIPER HOLDINGS, 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Morgan Hodges officer: Executive Vice President C/O JUNIPER HOLDINGS, 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Clearlake Capital Group, L.p. director, 10 percent owner 233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Behdad Eghbali director, 10 percent owner 233 WILSHIRE BLVD., SUITE 850, SANTA MONICA CA 90401
David Vanevenhoven officer: Chief Accounting Officer 135 JANUS INTERNATIONAL BLVD, TEMPLE GA 30179
Elliot Housman Kahler officer: General Counsel 135 JANUS INTERNATIONAL BLVD, TEMPLE GA 30179
Alessandro Araldi officer: See Remarks 135 JANUS INTERNATIONAL BLVD, TEMPLE GA 30179
Rebecca Castillo officer: See Remarks C/O JANUS INTERNATIONAL GROUP, INC., 135 JANUS INTERNATIONAL BLVD., TEMPLE GA 30179
Heather Harding director LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Anselm Wong officer: See Remarks 135 JANUS INTERNATIONAL BLVD., TEMPLE GA 30179
Roger Fradin director C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Brian Scott Cook director C/O JUNIPER INDUSTRIAL HOLDINGS, INC., 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Leonard Colin director 233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Xavier A Gutierrez director 9550 FIRESTONE BOULEVARD, SUITE 105, DOWNEY CA 90241