GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Cracker Barrel Old Country Store Inc (NAS:CBRL) » Definitions » Total Inventories

Cracker Barrel Old Country Store (Cracker Barrel Old Country Store) Total Inventories : $173 Mil (As of Jan. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Cracker Barrel Old Country Store Total Inventories?

Cracker Barrel Old Country Store's total inventories for the quarter that ended in Jan. 2024 was $173 Mil. Cracker Barrel Old Country Store's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $190 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cracker Barrel Old Country Store's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-71.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cracker Barrel Old Country Store's Days Inventory for the three months ended in Jan. 2024 was 27.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cracker Barrel Old Country Store's Inventory Turnover for the quarter that ended in Jan. 2024 was 3.36.

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. Cracker Barrel Old Country Store's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.20.


Cracker Barrel Old Country Store Total Inventories Historical Data

The historical data trend for Cracker Barrel Old Country Store'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.

Cracker Barrel Old Country Store Total Inventories Chart

Cracker Barrel Old Country Store Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 154.96 139.09 138.32 213.25 189.36

Cracker Barrel Old Country Store Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 187.25 184.81 189.36 207.27 172.70

Cracker Barrel Old Country Store 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.


Cracker Barrel Old Country Store  (NAS:CBRL) 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.

Cracker Barrel Old Country Store's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.602+0.75 * 41.524+0.5 * 172.702-1723.092
-0-0)/22.2011
=-71.75

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

Cracker Barrel Old Country Store's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=189.9855/638.047*365 / 4
=27.17

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

Cracker Barrel Old Country Store's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=638.047 / 189.9855
=3.36

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.

Cracker Barrel Old Country Store's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=189.9855 / 935.401
=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.


Cracker Barrel Old Country Store Total Inventories Related Terms

Thank you for viewing the detailed overview of Cracker Barrel Old Country Store's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Cracker Barrel Old Country Store (Cracker Barrel Old Country Store) Business Description

Traded in Other Exchanges
Address
305 Hartmann Drive, Lebanon, TN, USA, 37087-4779
Cracker Barrel Old Country Store Inc operates hundreds of full-service restaurants throughout the United States. Its restaurants are open for breakfast, lunch, and dinner, with menus that offer home-style country food. Cracker Barrel's biggest input costs are beef, dairy, fruits and vegetables, pork, and poultry. The company purchases its food products from a few different vendors on a cost-plus basis. All restaurants are located in freestanding buildings and include gift shops, which contribute roughly one fourth of total company revenue. Apparel and accessories are the company's biggest revenue generators in the retail segment of the business.
Executives
Sandra B Cochran officer: Executive VP & CFO 305 HARTMANN DRIVE, LEBANON TN 37087
Julie D. Masino officer: CEO-elect C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Jim Mark Spurgin officer: SVP Chief Supply Chain Officer 305 S. HARTMANN DRIVE, LEBANON TN 37087
William W. Moreton director 3630 SOUTH GEYER ROAD, SUITE 100, ST LOUIS MO 63127
Jody L Bilney director 2202 NORTH WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Cammie Schaefer officer: SVP Operations 305 HARTMANN DR, LEBANON TN 37087
Craig Pommells officer: SVP & CFO 305 HARTMANN DR, LEBANON TN 37087
Donna Roberts officer: SVP, Chief HR Officer 305 HARTMANN DR, LEBANON TN 37087
Darryl L Wade director 1208 SHARON PLACE, WINTER PARK FL 32789
Bruce Hoffmeister officer: SVP, Chief Information Officer 8546 ROBERTS ROAD, ELLICOTT CITY MD 21043
Gisel Ruiz director C/O VITAL FARMS, INC., 3601 SOUTH CONGRESS AVENUE, SUITE C100, AUSTIN TX 78704
Jennifer Tate officer: SVP & CMO 305 HARTMANN DRIVE, LEBANON TN 37087
Gilbert Raymond Davila director 15838 SEVILLE LANE, ENCINO CA 91436
Carl T Berquist director C/O MARRIOTT INTERNATONAL INC, 10400 FERNWOOD ROAD, BETHESDA MD 20817
Kara Jacobs officer: VP, Controller & PAO 305 HARTMANN DR, LEBANON TN 37087