Texas Roadhouse (Texas Roadhouse) Total Inventories

: $38 Mil (As of Dec. 2023)

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Texas Roadhouse's total inventories for the quarter that ended in Dec. 2023 was $38 Mil. Texas Roadhouse's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $37 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Texas Roadhouse's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-20.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Texas Roadhouse's Days Inventory for the three months ended in Dec. 2023 was 3.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Texas Roadhouse's Inventory Turnover for the quarter that ended in Dec. 2023 was 26.18.

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

Texas Roadhouse Total Inventories Historical Data

The historical data trend for Texas Roadhouse'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.

Texas Roadhouse Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

20.27

22.36

31.60

38.02

38.32

Texas Roadhouse Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories																38.02	36.81	38.12	36.59	38.32

Texas Roadhouse 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.

Texas Roadhouse (NAS:TXRH) 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.

Texas Roadhouse'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)
=	(104.246	+	0.75 * 175.474	+	0.5 * 38.32	-	1635.865
-	0	-	15.849)	/	66.7895
=	-20.91

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

Texas Roadhouse'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
	=	37.4545	/	980.674	*	365 / 4
	=	3.49

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

Texas Roadhouse'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 )
	=	980.674	/	37.4545
	=	26.18

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.

Texas Roadhouse'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 )
	=	37.4545	/	1164.361
	=	0.03

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.

Texas Roadhouse Total Inventories Related Terms

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Texas Roadhouse (Texas Roadhouse) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Texas Roadhouse Inc (NAS:TXRH) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

ROW:Germany ROW:Germany

Address

6040 Dutchmans Lane, Louisville, KY, USA, 40205

Website

http://www.texasroadhouse.com

Texas Roadhouse Inc is a restaurant company operating predominately in the casual dining segment. The company's operating segment includes Texas Roadhouse; Bubba's 33 and others. It generates maximum revenue from the Texas Roadhouse segment.

Executives

Christopher C. Colson	officer: General Counsel	6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Gerald L. Morgan	officer: President	6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Gregory N Moore	director	6040 DUTCHMANS LANE, SUITE 200, LOUISVILLE KY 40205
Wayne L. Jones	director	7755 CENTER AVENUE, SUITE 300, HUNTINGTON BEACH CA 92647
David Christopher Monroe	officer: Chief Financial Officer	6040 DUTCHMANS LANE, LOUISVILLE KY 40205
S. Chris Jacobsen	officer: Chief Marketing Officer	6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Kathy Widmer	director	C/O ELIZABETH ARDEN, INC., 2400 S.W. 145 AVENUE, MIRAMAR FL 33027
Regina A. Tobin	officer: Chief Learning & Culture Offcr	6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Hernan E. Mujica	officer: Chief Information Officer	6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Keith Humpich	officer: Interim Chief Financial Offcr.	6040 DUTCHMANS LANE, LOUISIVILLE KY 40205
James R Zarley	director	4360 PARK TERRACE, SUITE 100, WESTLAKE VILLAGE CA 91361
Tonya Robinson	officer: CFO	6040 DUTCHMANS LANE, SUITE 400, LOUISVILLE KY 40205
Curtis Warfield	director	6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Donna E Epps	director	11465 JOHNS CREEK PARKWAY, SUITE400, JOHNS CREEK GA 30097
Wayne Kent Taylor	director, 10 percent owner, officer: Chairman of Company & Board	6040 DUTCHMANS LANE, SUITE 200, LOUISVILLE KY 40205