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Ruby Tuesday (Ruby Tuesday) Inventory Turnover : 10.84 (As of Aug. 2017)


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What is Ruby Tuesday Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Ruby Tuesday's Cost of Goods Sold for the three months ended in Aug. 2017 was $180.9 Mil. Ruby Tuesday's Average Total Inventories for the quarter that ended in Aug. 2017 was $16.7 Mil. Ruby Tuesday's Inventory Turnover for the quarter that ended in Aug. 2017 was 10.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ruby Tuesday's Days Inventory for the three months ended in Aug. 2017 was 8.42.

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. Ruby Tuesday's Inventory-to-Revenue for the quarter that ended in Aug. 2017 was 0.08.


Ruby Tuesday Inventory Turnover Historical Data

The historical data trend for Ruby Tuesday's Inventory Turnover 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.

Ruby Tuesday Inventory Turnover Chart

Ruby Tuesday Annual Data
Trend May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.06 37.81 44.76 42.98 41.59

Ruby Tuesday Quarterly Data
Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
Inventory Turnover 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 10.94 9.48 9.65 11.79 10.84

Ruby Tuesday Inventory Turnover Calculation

Ruby Tuesday's Inventory Turnover for the fiscal year that ended in May. 2017 is calculated as

Inventory Turnover (A: May. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2017 ) / ((Total Inventories (A: May. 2016 ) + Total Inventories (A: May. 2017 )) / count )
=806.236 / ((21.595 + 17.178) / 2 )
=806.236 / 19.3865
=41.59

Ruby Tuesday's Inventory Turnover for the quarter that ended in Aug. 2017 is calculated as

Inventory Turnover (Q: Aug. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Aug. 2017 ) / ((Total Inventories (Q: May. 2017 ) + Total Inventories (Q: Aug. 2017 )) / count )
=180.895 / ((17.178 + 16.19) / 2 )
=180.895 / 16.684
=10.84

* 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.


Ruby Tuesday  (NYSE:RT) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Ruby Tuesday's Days Inventory for the three months ended in Aug. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: Aug. 2017 )/Cost of Goods Sold (Q: Aug. 2017 )*Days in Period
=16.684/180.895*365 / 4
=8.42

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.

Ruby Tuesday's Inventory to Revenue for the quarter that ended in Aug. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2017 ) / Revenue (Q: Aug. 2017 )
=16.684 / 217.307
=0.08

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Ruby Tuesday Inventory Turnover Related Terms

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Ruby Tuesday (Ruby Tuesday) Business Description

Traded in Other Exchanges
N/A
Address
Ruby Tuesday Inc was incorporated in the state of Georgia. The first Ruby Tuesday(r) restaurant was opened in 1972 in Knoxville, Tennessee near the campus of the University of Tennessee. The Company owns, operates and franchises the Ruby Tuesday casual dining restaurant chain. The Company is subject to a variety of federal, state, and international laws governing franchise sales and the franchise relationship.
Executives
Rhonda J Parish officer: See Remarks 203 EAST MAINST P 12-02, SPARTANBURG SC 29319
Bernard Jr Lanigan director 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Cardwell F Lane Jr director C/O RUBY TUESDAY, INC., 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Stephen I Sadove director
James J Buettgen director, officer: President & Chief Exec Officer 150 WEST CHURCH AVE, MARYVILLE TN 37801
Jill Golder officer: EVP, Chief Financial Officer 305 HARTMANN DRIVE, LEBANON TN 37087
Scarlett May officer: SVP,Chief Legal Officer & Sec. 26901 MALIBU HILLS ROAD, CALABASAS HILLS CA 91301
Todd Burrowes officer: RT Concept Pres,Chief Ops Ofcr 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Matthew A Drapkin director 10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
Michael O Moore officer: EVP - Chief Financial Officer 150 W CHURCH AVE, RUBY TUESDAY, INC., MARYVILLE TN 37801
Kimberly Grant officer: Pres.,Ruby Tuesday Concept 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Steven R Becker director 5525 NAKOMA DRIVE, DALLAS TX 75209
Beall Samuel E Iii director, officer: Chief Executive Officer RUBY TUESDAY INC 150 WEST CHURCH AVE MARYVILLE TN 37801
Donald R Ratajczak director THE HARTSFIELD COLONNADE, 4893 RIVERDALE RD STE 260, ATLANTA GA 30337
Haslam James A Iii director 165 MADISON AVENUE, MEMPHIS TN 38103

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