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Big 5 Sporting Goods (Big 5 Sporting Goods) Total Inventories : $275.8 Mil (As of Dec. 2023)


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What is Big 5 Sporting Goods Total Inventories?

Big 5 Sporting Goods's total inventories for the quarter that ended in Dec. 2023 was $275.8 Mil. Big 5 Sporting Goods's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $283.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Big 5 Sporting Goods's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-10.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Big 5 Sporting Goods's Days Inventory for the three months ended in Dec. 2023 was 188.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Big 5 Sporting Goods's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.48.

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. Big 5 Sporting Goods's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.44.


Big 5 Sporting Goods Total Inventories Historical Data

The historical data trend for Big 5 Sporting Goods'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.

Big 5 Sporting Goods Total Inventories Chart

Big 5 Sporting Goods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 309.32 251.18 279.98 303.49 275.76

Big 5 Sporting Goods 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 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 303.49 315.42 324.62 291.26 275.76

Big 5 Sporting Goods 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.


Big 5 Sporting Goods  (NAS:BGFV) 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.

Big 5 Sporting Goods'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)
=(9.201+0.75 * 9.163+0.5 * 275.759-400.269
-0-0)/22.4404
=-10.98

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

Big 5 Sporting Goods'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
=283.508/137.111*365 / 4
=188.68

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

Big 5 Sporting Goods'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 )
=137.111 / 283.508
=0.48

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.

Big 5 Sporting Goods'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 )
=283.508 / 196.35
=1.44

* 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.


Big 5 Sporting Goods Total Inventories Related Terms

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Big 5 Sporting Goods (Big 5 Sporting Goods) Business Description

Traded in Other Exchanges
Address
2525 East El Segundo Boulevard, El Segundo, CA, USA, 90245
Big 5 Sporting Goods Corp is a specialty retailer company that is principally engaged in the sale of sporting goods in the western United States. Its product mix includes athletic shoes, apparel, and accessories, as well as a broad selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports. The company operates solely as a sporting goods retailer, which includes both retail stores and an e-commerce platform. The company operates a distribution center located in Riverside, California, that services all of its stores and e-commerce platform.
Executives
Jeffrey L Fraley officer: Senior VP, Human Resources
Shane O Starr officer: Senior VP, Operations C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUNDO BOULEVARD, EL SEGUNDO CA 90245
Jennifer Holden Dunbar director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Ian R Landgreen officer: SVP and General Counsel 2525 EAST EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Stephen E. Carley director 6312 SOUTH FIDDLER'S GREEN CIRCLE, SUITE 200N, GREENWOOD VILLAGE CO 80111
Lily W Chang director 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Van B Honeycutt director 3820 STATE ST, SANTA BARBARA CA 93105
Brown Colleen B director C/O TRUEBLUE, INC., 1015 A STREET, TACOMA WA 98402
Barry Emerson officer: Executive VP, CFO & Treasurer
Steven G Miller director, officer: Chairman, President and CEO
Boyd O Clark officer: Executive VP, Buying C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUND BLVD, EL SEGUNDO CA 90245
Luke D Thompson officer: Executive VP & General Counsel C/O GROCERY OUTLET HOLDING CORP, 5650 HOLLIS STREET, EMERYVILLE CA 94608
David Jessick director 15465 SE RIVERSHORE DRIVE, VANCOUVER WA 98683
Michael P. Marrone officer: Senior VP, Store Operations C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Sandra N Bane director