Potbelly (Potbelly) Change In Inventory : $0.2 Mil (TTM As of Dec. 2023)

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What is Potbelly Change In Inventory?

Potbelly's change in inventory for the quarter that ended in Dec. 2023 was $-0.1 Mil. It means Potbelly's inventory increased by $0.1 Mil from Sep. 2023 to Dec. 2023 .

Potbelly's change in inventory for the fiscal year that ended in Dec. 2023 was $0.2 Mil. It means Potbelly's inventory declined by $0.2 Mil from Dec. 2022 to Dec. 2023 .

Potbelly's Total Inventories for the quarter that ended in Dec. 2023 was $3.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Potbelly's Days Inventory for the quarter that ended in Dec. 2023 was 3.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Potbelly's Inventory Turnover for the quarter that ended in Dec. 2023 was 23.58.

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. Potbelly's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Potbelly Change In Inventory Historical Data

The historical data trend for Potbelly's Change In Inventory 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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Potbelly Change In Inventory Chart

Potbelly Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.01

0.48

-0.50

0.18

Potbelly Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-0.33	0.27	0.01	-0.05	-0.05

Potbelly Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.2 Mil.

Potbelly (NAS:PBPB) Change In Inventory Explanation

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

Potbelly's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3.5505	/	83.711	*	365 / 4
	=	3.87

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	83.711	/	3.5505
	=	23.58

3. 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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.5505	/	125.749
	=	0.03

Potbelly Change In Inventory Related Terms

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Potbelly (Potbelly) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Potbelly Corp (NAS:PBPB) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

PTB:Germany

Address

111 North Canal Street, Suite 325, Chicago, IL, USA, 60606

Website

https://www.potbelly.com

Potbelly Corp owns and franchises hundreds of limited-service restaurants specializing in sandwiches and salads, shakes. The menu includes toasty sandwiches, signature salads, soups, chili, sides, desserts, and, in breakfast locations it serves breakfast sandwiches and steel-cut oatmeal. Most of its locations are company-owned and located in the United States, with Illinois and Texas housing far more locations than any other state. The company has franchise partners in a number of countries. Excluding the United States, most of Potbelly's franchises are in the Middle East.

Executives

Robert D. Wright	officer: President and CEO	111 N. CANAL STREET, SUITE 850, CHICAGO IL 60606
Steven Cirulis	officer: SVP, Chief Financial Officer	111 N. CANAL ST., SUITE 850, CHICAGO IL 60606
Karen Lynette Mckee	officer: SVP, Franchising	C/O POTBELLY CORPORATION, 111 N. CANAL STREET, SUITE 325, CHICAGO IL 60606
Jeffrey Douglas	officer: SVP, Chief Information Officer	111 N. CANAL STREET, SUITE 850, CHICAGO IL 60606
David Near	director	111 N CANAL ST, SUITE 850, CHICAGO IL 60601
Adiya Dixon	officer: SVP, CLO and Secretary	111 N CANAL, SUITE 850, CHICAGO IL 60606
Patrick James Walsh	officer: Chief People Officer	410 N. MICHIGAN AVENUE, SUITE 400, CHICAGO IL 60611
Adam Noyes	officer: SVP, Chief Operations Officer	111 N CANAL ST, SUITE 850, CHICAGO IL 60601
David T. Pearson	director	C/O VONAGE HOLDINGS CORP, 23 MAIN STREET, HOLMDEL NJ 07733
Jill Sutton	director	313 IRON HORSE WAY, PROVIDENCE RI 02908
David Scott Daniels	officer: CHIEF MARKETING OFFICER	C/O POTBELLY CORPORATION, 111 N. CANAL STREET, SUITE 325, CHICAGO IL 60606
Larry Strain	officer: CHIEF DEVELOPMENT OFFICER	C/O POTBELLY CORPORATION, 111 N. CANAL STREET, SUITE 325, CHICAGO IL 60606
Todd Whitney Smith	director	300 JOHNNY BENCH DRIVE, OKLAHOMA CITY OK 73104
Adrian M Butler	director	111 NORTH CANAL STREET, SUITE 850, CHICAGO IL 60606
Joseph Boehm	director	111 NORTH CANAL, SUITE 850, CHICAGO IL 60606