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RCI Hospitality Holdings (RCI Hospitality Holdings) Total Inventories : $4.6 Mil (As of Dec. 2023)


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What is RCI Hospitality Holdings Total Inventories?

RCI Hospitality Holdings's total inventories for the quarter that ended in Dec. 2023 was $4.6 Mil. RCI Hospitality Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $4.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. RCI Hospitality Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-32.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RCI Hospitality Holdings's Days Inventory for the three months ended in Dec. 2023 was 13.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. RCI Hospitality Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.01.

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. RCI Hospitality Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.


RCI Hospitality Holdings Total Inventories Historical Data

The historical data trend for RCI Hospitality Holdings'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.

RCI Hospitality Holdings Total Inventories Chart

RCI Hospitality Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 2.37 2.66 3.89 4.41

RCI Hospitality Holdings 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 4.05 4.57 4.57 4.41 4.63

RCI Hospitality Holdings 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.


RCI Hospitality Holdings  (NAS:RICK) 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.

RCI Hospitality Holdings'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)
=(21.155+0.75 * 6.312+0.5 * 4.63-332.831
-0--0.239)/9.35969
=-32.52

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

RCI Hospitality Holdings'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
=4.521/31.691*365 / 4
=13.02

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

RCI Hospitality Holdings'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 )
=31.691 / 4.521
=7.01

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.

RCI Hospitality Holdings'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 )
=4.521 / 73.907
=0.06

* 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.


RCI Hospitality Holdings Total Inventories Related Terms

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RCI Hospitality Holdings (RCI Hospitality Holdings) Business Description

Traded in Other Exchanges
Address
10737 Cutten Road, Houston, TX, USA, 77066
RCI Hospitality Holdings Inc through its subsidiaries owns and operates establishments that offer live adult entertainment, restaurant, and or bar operations. It also owns and operates a communication company serving the adult nightclubs industry. The company's operating business segments are Nightclubs, Bombshells, and Others. It operates nightclubs through the following brand's Rick's Cabaret, Vivid Cabaret, Tootsie's Cabaret, Club Onyx, and Jaguars Club. In the Bombshells segment, the company is building a chain of Restaurants and Sports Bars in Dallas, Austin, and Houston, Texas. It derives majority revenue from the Nightclubs segment that engages in the sale of alcoholic beverages, food, and merchandise items; service in the form of cover charge, dance fees, and room rentals.
Executives
Adw Capital Management, Llc 10 percent owner 6431 ALLISON ROAD, MIAMI BEACH FL 33141
Johnson Martin Elaine director 10737 CUTTEN ROAD, HOUSTON TX 77066
Yura V Barabash director 10737 CUTTEN ROAD, HOUSTON TX 77066
Bradley Lim Chhay officer: Chief Financial Officer 10737 CUTTEN ROAD, HOUSTON TX 77066
Travis Reese director, officer: Vice-president 10959 CUTTEN ROAD, HOUSTON TX 77066
Eric Scott Langan director, 10 percent owner, officer: President 3113 BERING DR, HOUSTON TX 77057
Adam D Wyden 10 percent owner 1133 BROADWAY, SUITE 719, NEW YORK NY 10010
Adw Capital Partners, L.p. 10 percent owner 6431 ALLISON ROAD, MIAMI BEACH FL 33141
Allan Priaulx Arthur director 10737 CUTTEN ROAD, HOUSTON TX 77066
Phillip Kent Marshall officer: CFO 10959 CUTTEN ROAD, HOUSTON TX 77066
Luke Charles Lirot director 2240 BELLEAIR RD., SUITE 190, CLEARWATER FL 33764
Robert L Watter director 10959 CUTTEN ROAD, HOUSTON TX 77066
Steven L Jenkins director 16815 ROYAL CREST DRIVE SUITE 160, HOUSTON TX 77058
Nour-dean Anakar director 3978 SORRENTO VALLEY DRIVE, SUITE 100, SAN DIEGO CA 92121
Alan Bergstrom director 10959 CUTTEN ROAD, HOUSTON TX 77066