Fiesta Restaurant Group (Fiesta Restaurant Group) Days Inventory : 2.01 (As of Jun. 2023)

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What is Fiesta Restaurant Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fiesta Restaurant Group's Average Total Inventories for the three months ended in Jun. 2023 was $1.8 Mil. Fiesta Restaurant Group's Cost of Goods Sold for the three months ended in Jun. 2023 was $83.0 Mil. Hence, Fiesta Restaurant Group's Days Inventory for the three months ended in Jun. 2023 was 2.01.

The historical rank and industry rank for Fiesta Restaurant Group's Days Inventory or its related term are showing as below:

FRGI' s Days Inventory Range Over the Past 10 Years
Min: 1.92 Med: 2.22 Max: 4.18
Current: 2.37

During the past 13 years, Fiesta Restaurant Group's highest Days Inventory was 4.18. The lowest was 1.92. And the median was 2.22.

FRGI's Days Inventory is not ranked
in the Restaurants industry.
Industry Median: 15.46 vs FRGI: 2.37

Fiesta Restaurant Group's Days Inventory declined from Jun. 2022 (2.99) to Jun. 2023 (2.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fiesta Restaurant Group's Inventory Turnover for the three months ended in Jun. 2023 was 45.32.

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. Fiesta Restaurant Group's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.02.

Fiesta Restaurant Group Days Inventory Historical Data

The historical data trend for Fiesta Restaurant Group's Days 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.

* Premium members only.

Fiesta Restaurant Group Days Inventory Chart

Fiesta Restaurant Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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1.92

4.18

4.09

3.00

2.61

Fiesta Restaurant Group Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Inventory	Get a 7-Day Free Trial															2.99	2.82	2.50	2.13	2.01

Competitive Comparison of Fiesta Restaurant Group's Days Inventory

For the Restaurants subindustry, Fiesta Restaurant Group's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Fiesta Restaurant Group's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Fiesta Restaurant Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fiesta Restaurant Group's Days Inventory falls into.

Fiesta Restaurant Group Days Inventory Calculation

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

Fiesta Restaurant Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2.524	+	1.962)	/	2 )	/	313.819	*	365
=	2.243					/	313.819	*	365
=	2.61

Fiesta Restaurant Group's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1.898	+	1.763)	/	2 )	/	82.966	*	365 / 4
=	1.8305					/	82.966	*	365 / 4
=	2.01

Fiesta Restaurant Group (NAS:FRGI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Fiesta Restaurant Group's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	82.966	/	1.8305
	=	45.32

2. 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.

Fiesta Restaurant Group's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.8305	/	106.843
	=	0.02

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Fiesta Restaurant Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Fiesta Restaurant Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Fiesta Restaurant Group (Fiesta Restaurant Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Fiesta Restaurant Group Inc (NAS:FRGI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

14800 Landmark Boulevard, Suite 500, Dallas, TX, USA, 75254

Website

https://www.frgi.com

Fiesta Restaurant Group Inc owns two fast-casual restaurant brands: Pollo Tropical, which offers Caribbean-inspired food; and Taco Cabana, which offers Mexican food. Collectively, the company owns and operates more than 300 restaurants in the southern United States. Roughly three-quarters of all Pollo Tropical restaurants are located in Florida. Taco Cabana restaurants are located almost exclusively in Texas. The company also franchises restaurants in Central and South America, which account for a very small portion of total company revenue.

Executives

Nirmal K Tripathy	director	THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Tyler Yoesting	officer: Vice President and Acting CFO	C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Ulyses Camacho	officer: See Remarks	C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Eladio Romeo	officer: See Remarks	C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Patricia Lopez-calleja	officer: SVP, Guest Engagement	C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Andrew Rechtschaffen	director	C/O OBREM CAPITAL MANAGEMENT, LLC, 733 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Cheri Kinder	officer: VP, Corporate Controller	14800 LANDMARK BOULEVARD, SUITE 500, ADDISON TX 75254
Louis Dipietro	officer: SVP, GC and Secretary	35 PARK STREET, NORFOLK MA 02056
Anthony Dinkins	officer: SVP of Human Resources	14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Hope Diaz	officer: See Remarks	C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Dirk A Montgomery	officer: SVP, CFO and Treasurer	C/O HEALTH INSURANCE INNOVATIONS, INC., 15438 N. FLORIDA AVE., SUITE 201, TAMPA FL 33613
Jefferies Financial Group Inc.	10 percent owner	520 MADISON AVENUE, NEW YORK NY 10022
Richard C. Stockinger	officer: CEO and President	C/O BENIHANA INC., 8685 N.W. 53RD TERRACE, MIAMI FL 33166
Sherrill Kaplan	director	C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BOULEVARD, SUITE 500, DALLAS TX 75254
Joseph Brink	officer: VP, Chief Procurement Officer	14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254