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Marcus (Marcus) Total Inventories : $5.9 Mil (As of Dec. 2023)


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What is Marcus Total Inventories?

Marcus's total inventories for the quarter that ended in Dec. 2023 was $5.9 Mil. Marcus's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $3.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Marcus's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-16.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Marcus's Days Inventory for the three months ended in Dec. 2023 was 2.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marcus's Inventory Turnover for the quarter that ended in Dec. 2023 was 33.67.

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. Marcus's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.


Marcus Total Inventories Historical Data

The historical data trend for Marcus'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.

Marcus Total Inventories Chart

Marcus Annual Data
Trend May14 May15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.67 3.43 4.91 5.66 5.91

Marcus 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 5.66 - - - 5.91

Marcus 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.


Marcus  (NYSE:MCS) 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.

Marcus'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)
=(60.953+0.75 * 7.636+0.5 * 5.914-593.931
-0-0)/31.722
=-16.53

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

Marcus'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
=2.957/99.554*365 / 4
=2.71

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

Marcus'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 )
=99.554 / 2.957
=33.67

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.

Marcus'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 )
=2.957 / 161.526
=0.02

* 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.


Marcus Total Inventories Related Terms

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Marcus (Marcus) Business Description

Traded in Other Exchanges
Address
100 East Wisconsin Avenue, Suite 1900, Milwaukee, WI, USA, 53202-4125
Marcus Corp is engaged in two business segments, which are Theatres and Hotels and Resorts. The Theatre segment operates multiscreen motion picture theatres in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota and Ohio, a family entertainment center in Wisconsin and a retail center in Missouri; Hotels and Resorts segment owns and operates full-service hotels and resorts in Wisconsin, Illinois, Oklahoma, and Nebraska and manages full-service hotels, resorts and other properties in Wisconsin, Minnesota, Texas, Nevada, California, and North Carolina. It generates maximum revenue from the Theatres segment.
Executives
Michael Reade Evans officer: Pres., Marcus Hotels & Resorts 100 EAST WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202-4125
Mark A Gramz officer: Pres., Marcus Theatres Corp* 100 EAST WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202-4125
Austin M Ramirez director ONE MAIN STREET, EVANSVILLE IN 47708
Brian Jay Stark director 3600 SOUTH LAKE DRIVE, ST. FRANCIS WI 53235
Katherine M. Gehl director C/O GEHL FOODS, N116 W15970 MAIN STREET, GERMANTOWN WI 53022
Bruce J Olson director, officer: Group Vice President
Thomas F Kissinger officer: General Counsel and Secretary
Chad M Paris officer: CFO & Treasurer 833 EAST MICHIGAN STREET, SUITE 900, MILWAUKEE WI 53202
Gregory S Marcus officer: Senior Vice President 100 EAST WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202-4125
Diane M Gershowitz director, 10 percent owner
Rolando B Rodriguez officer: Pres. & CEO - Marcus Theatres C/O AMC ENTERTAINMENT INC, 920 MAIN ST, KANSAS CITY MO 64105
Douglas A Neis officer: CFO and Treasurer
David M Baum director 784 MORRIS TURNPIKE #367, SHORT HILLS NJ 07078
Vss-southern Holdings Llc 10 percent owner C/O VERONIS SUHLER STEVENSON, 390 PARK AVENUE, NEW YORK NY 10022
Philip L Milstein director 390 PARK AVENUE, SUITE 600, NEW YORK NY 10022