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. Carrols Restaurant Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $14 Mil. Carrols Restaurant Group's Revenue for the
three
months ended in Dec. 2023 was $470 Mil.
Carrols Restaurant Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.
Carrols Restaurant Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.03) to Sep. 2023 (0.03)
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Carrols Restaurant Group's Days Inventory for the
three
months ended in Dec. 2023 was 3.30.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Carrols Restaurant Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 27.62.
Carrols Restaurant Group Inventory-to-Revenue Historical Data
The historical data trend for Carrols Restaurant Group's Inventory-to-Revenue 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.
For the Restaurants subindustry, Carrols Restaurant Group's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Carrols Restaurant Group Inventory-to-Revenue Distribution
For the Restaurants industry and Consumer Cyclical sector, Carrols Restaurant Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Carrols Restaurant Group's Inventory-to-Revenue falls into.
Carrols Restaurant Group Inventory-to-Revenue Calculation
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.
Carrols Restaurant Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Carrols Restaurant Group (NAS:TAST) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Carrols Restaurant Group's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* 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.
Carrols Restaurant Group Inventory-to-Revenue Related Terms
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Carrols Restaurant Group (Carrols Restaurant Group) Business Description
Carrols Restaurant Group Inc is a restaurant company. It owns and operates Burger King restaurants in the Northeastern, Midwestern, and Southeastern United States. The Burger King restaurants are quick-service restaurants featuring hamburgers and other sandwiches.
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