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Panera Bread Co (Panera Bread Co) Total Inventories : $22 Mil (As of Mar. 2017)


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What is Panera Bread Co Total Inventories?

Panera Bread Co's total inventories for the quarter that ended in Mar. 2017 was $22 Mil. Panera Bread Co's average total inventories from the quarter that ended in Dec. 2016 to the quarter that ended in Mar. 2017 was $23 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Panera Bread Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2017 was $-35.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Panera Bread Co's Days Inventory for the three months ended in Mar. 2017 was 3.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Panera Bread Co's Inventory Turnover for the quarter that ended in Mar. 2017 was 24.66.

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. Panera Bread Co's Inventory-to-Revenue for the quarter that ended in Mar. 2017 was 0.03.


Panera Bread Co Total Inventories Historical Data

The historical data trend for Panera Bread Co'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.

Panera Bread Co Total Inventories Chart

Panera Bread Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.71 21.92 22.81 22.48 23.78

Panera Bread Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 21.60 21.75 22.12 23.78 22.05

Panera Bread Co 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.


Panera Bread Co  (NAS:PNRA) 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.

Panera Bread Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2017 is

Net-Net Working Capital Per Share (Q: Mar. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(153.355+0.75 * 69.014+0.5 * 22.045-1014.07
-0-0)/22.7188
=-35.12

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

Panera Bread Co's Days Inventory for the three months ended in Mar. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2017 )/Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=22.91/564.964*365 / 4
=3.70

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

Panera Bread Co's Inventory Turnover for the quarter that ended in Mar. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2017 ) / Average Total Inventories (Q: Mar. 2017 )
=564.964 / 22.91
=24.66

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.

Panera Bread Co's Inventory to Revenue for the quarter that ended in Mar. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2017 ) / Revenue (Q: Mar. 2017 )
=22.91 / 727.633
=0.03

* 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.


Panera Bread Co Total Inventories Related Terms

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Panera Bread Co (Panera Bread Co) Business Description

Traded in Other Exchanges
N/A
Address
Panera Bread Co Inc owns and franchises bakery cum cafes various locations in the United States and Canada. These cafes are operated under the brand's names Panera Bread, Saint Louis Bread Co., and Paradise Bakery & Café. Their menu offerings include baked goods, sandwiches, soups, pasta dishes, salads, and cafe beverages. They also provide catering services by the Panera brand that offer breakfast assortments, sandwiches, salads, soups, pasta dishes, drinks, and bakery items. Segments through which business is conducted include company Bakery-Cafe Operations segment, Franchise Operations segment, and Fresh Dough and Other Product Operations segment. Revenues are generated from bakery cum cafe sales, royalties and fees from franchises, and fresh dough and other product sales.
Executives
Diane Hessan director 2 BATTERY WHARF, #2510, BOSTON MA 02109
James D White director C/O CAVA GROUP, INC., 202-400-2920 14 RIDGE SQUARE NW, SUITE 5, WASHINGTON DC 20016
Thomas E Lynch director 382 GREENWICH AVE, SUITE ONE, GREENWICH CT 06830
Andrew H Madsen officer: President 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Louis Dipietro officer: SVP, General Counsel 35 PARK STREET, NORFOLK MA 02056
Jeffrey W Kip officer: EVP, Chief Financial Officer 3630 SOUTH GEYER ROAD, SUITE 100, ST LOUIS MO 63127
Patricia Gray officer: SVP, Chief Legal Officer C/O AMERICAN SCIENCE AND ENGINEERING INC, 829 MIDDLESEX TURNPIKE, BILLERICA MA 01821
Yanofsky Neal officer: President 6710 CLAYTON ROAD RICHMOND HEIGHTS MO 63117

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