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Red Robin Gourmet Burgers (Red Robin Gourmet Burgers) Total Inventories : $27 Mil (As of Dec. 2023)


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What is Red Robin Gourmet Burgers Total Inventories?

Red Robin Gourmet Burgers's total inventories for the quarter that ended in Dec. 2023 was $27 Mil. Red Robin Gourmet Burgers's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $27 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Red Robin Gourmet Burgers's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-45.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Red Robin Gourmet Burgers's Days Inventory for the three months ended in Dec. 2023 was 11.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Red Robin Gourmet Burgers's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.93.

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. Red Robin Gourmet Burgers's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.


Red Robin Gourmet Burgers Total Inventories Historical Data

The historical data trend for Red Robin Gourmet Burgers'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.

Red Robin Gourmet Burgers Total Inventories Chart

Red Robin Gourmet Burgers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.42 23.80 25.22 26.45 26.84

Red Robin Gourmet Burgers Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Apr23 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 25.21 26.45 25.38 27.01 26.84

Red Robin Gourmet Burgers 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.


Red Robin Gourmet Burgers  (NAS:RRGB) 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.

Red Robin Gourmet Burgers'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)
=(23.634+0.75 * 21.592+0.5 * 26.839-762.376
-0-0)/15.528
=-45.67

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

Red Robin Gourmet Burgers'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
=26.926/213.443*365 / 4
=11.51

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

Red Robin Gourmet Burgers'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 )
=213.443 / 26.926
=7.93

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.

Red Robin Gourmet Burgers'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 )
=26.926 / 309.026
=0.09

* 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.


Red Robin Gourmet Burgers Total Inventories Related Terms

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Red Robin Gourmet Burgers (Red Robin Gourmet Burgers) Business Description

Traded in Other Exchanges
Address
10000 E. Geddes Avenue, Suite 500, Englewood, CO, USA, 80112
Red Robin Gourmet Burgers Inc is a restaurant operator. The company develops, operates, and franchises casual-dining restaurants and fast-casual restaurants in North America. Its brands are Red Robin, Red Robin Gourmet Burgers, Red Robin America's Gourmet Burgers and Spirits, Red Robin Burger Works, YUMMM, Red Robin Gourmet Burgers and Brews, and Red Robin Royalty names and logos. The company's revenue consists of sales from restaurant operations, gift card breakage, franchise royalties and fees, and other miscellaneous revenue.
Executives
Archon Capital Management Llc 10 percent owner 1100 19TH AVENUE EAST, SEATTLE WA 98112
Jyoti A. Lynch officer: CHIEF TECHNOLOGY OFFICER 5830 GRANITE PARKWAY, 3RD FLOOR, PLANO TX 75024
Gerard Johan Hart director 6040 DUTCHMANS LANE, SUITE 200, LOUISVILLE KY 40205
Christofilis, Constantinos 10 percent owner 2010 EAST GALER STREET, SEATTLE WA 98112
Nicole Miller Regan director 10000 E GEDDES AVE, STE 500, ENGLEWOOD CO 80112
Allison A. Page director 6312 S FIDDLERS GREEN CIRCLE, SUITE 200N, GREENWOOD VILLAGE CO 80111
Kevin E. Mayer officer: Chief Marketing Officer 7755 CENTER AVE., SUITE 300, HUNTINGTON BEACH CA 92647
Geoffrey Wayne Davis officer: Chief Human Resource Officer 6312 S FIDDLERS GREEN CIRCLE, 200N, GREENWOOD VILLAGE CO 80111
Sarah A. Mussetter officer: CHIEF LEGAL OFFICER HOLME ROBERTS & OWEN LLP, 1700 LINCOLN STREET, SUITE 4100, DENVER CO 80203
David Pace director
Thomas G. Conforti director WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Joshua Todd Wilson officer: CHIEF FINANCIAL OFFICER 10000 E GEDDES AVE, STE 500, ENGLEWOOD CO 80112
Steve Lumpkin director 10580 W. 192ND PLACE, SPRING HILLS KS 60083
Cheri Kinder officer: Chief Accounting Officer 14800 LANDMARK BOULEVARD, SUITE 500, ADDISON TX 75254
Murphy Paul J B Iii director, officer: President and CEO