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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.
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.
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 | 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 | 25.21 | 26.45 | 25.38 | 27.01 | 26.84 |
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.
Thank you for viewing the detailed overview of Red Robin Gourmet Burgers's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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