Jeronimo Martins SGPS (Jeronimo Martins SGPS) Total Inventories : $1,973 Mil (As of Dec. 2023)

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What is Jeronimo Martins SGPS Total Inventories?

Jeronimo Martins SGPS's total inventories for the quarter that ended in Dec. 2023 was $1,973 Mil. Jeronimo Martins SGPS's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $1,804 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jeronimo Martins SGPS's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-29.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jeronimo Martins SGPS's Days Inventory for the three months ended in Dec. 2023 was 23.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jeronimo Martins SGPS's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.93.

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. Jeronimo Martins SGPS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

Jeronimo Martins SGPS Total Inventories Historical Data

The historical data trend for Jeronimo Martins SGPS'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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Jeronimo Martins SGPS Total Inventories Chart

Jeronimo Martins SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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1,160.21

1,192.21

1,258.76

1,594.28

1,972.74

Jeronimo Martins SGPS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															1,594.28	1,723.77	1,809.32	1,636.07	1,972.74

Jeronimo Martins SGPS 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.

Jeronimo Martins SGPS (OTCPK:JRONY) 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.

Jeronimo Martins SGPS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2260.632	+	0.75 * 78.517	+	0.5 * 1972.737	-	12246.456
-	0	-	275.9)	/	314.217
=	-29.33

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

Jeronimo Martins SGPS's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1804.405	/	7095.965	*	365 / 4
	=	23.20

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

Jeronimo Martins SGPS's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	7095.965	/	1804.405
	=	3.93

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.

Jeronimo Martins SGPS's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1804.405	/	8895.311
	=	0.20

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.

Jeronimo Martins SGPS Total Inventories Related Terms

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Jeronimo Martins SGPS (Jeronimo Martins SGPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Jeronimo Martins SGPS SA (OTCPK:JRONY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

JRONF:USA JMT:Portugal JMT:Poland JMTu:UK 0EXG:UK JEM:Germany

Address

Rua Actor Antonio Silva, No. 7, Lisboa, PRT, 1649-033

Website

https://www.jeronimomartins.com

Jeronimo Martins SGPS SA operates in food distribution, agribusiness, and other businesses. The food distribution business is the group's main activity, which consists of retail and wholesale operations under the brand's Pingo Doce and Recheio in Portugal, Poland, and Colombia. The group has five segments. Portugal Retail: comprises the business unit of JMR (Pingo Doce supermarkets), Portugal Cash & Carry: includes the wholesale business unit Recheio, Poland Retail: the business unit which operates under the Biedronka banner, Colombia Retail: the business unit which operates under Ara banner, & Others, eliminations and adjustments. The majority of revenue is derived from the Poland retail segment.

Jeronimo Martins SGPS (Jeronimo Martins SGPS) Headlines

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