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Restaurant Brands International LP (Restaurant Brands International LP) Change In Inventory : $-16 Mil (TTM As of Mar. 2024)


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What is Restaurant Brands International LP Change In Inventory?

Restaurant Brands International LP's change in inventory for the quarter that ended in Mar. 2024 was $7 Mil. It means Restaurant Brands International LP's inventory declined by $7 Mil from Dec. 2023 to Mar. 2024 .

Restaurant Brands International LP's change in inventory for the fiscal year that ended in Dec. 2023 was $-43 Mil. It means Restaurant Brands International LP's inventory increased by $43 Mil from Dec. 2022 to Dec. 2023 .

Restaurant Brands International LP's Total Inventories for the quarter that ended in Mar. 2024 was $152 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Restaurant Brands International LP's Days Inventory for the quarter that ended in Mar. 2024 was 19.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Restaurant Brands International LP's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.60.

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. Restaurant Brands International LP's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.09.

Restaurant Brands International LP Change In Inventory Historical Data

The historical data trend for Restaurant Brands International LP's Change In Inventory 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.

Restaurant Brands International LP Change In Inventory Chart

Restaurant Brands International LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.00 -10.00 12.00 -61.00 -43.00

Restaurant Brands International LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory 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 -20.00 -25.00 -4.00 6.00 7.00

Restaurant Brands International LP Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16 Mil.

* 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.

Restaurant Brands International LP  (OTCPK:RSTRF) Change In Inventory Explanation

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

Restaurant Brands International LP's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=159/732*365 / 4
=19.82

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

Restaurant Brands International LP's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=732 / 159
=4.60

3. 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.

Restaurant Brands International LP's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=159 / 1739
=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.

Restaurant Brands International LP Change In Inventory Related Terms

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Restaurant Brands International LP (Restaurant Brands International LP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Restaurant Brands International LP (OTCPK:RSTRF) » Definitions » Change In Inventory
Comparable Companies
TSX:QSR TSX:MTY TSX:AW.UN TSX:PZA TSX:BPF.UN TSX:KEG.UN TSX:SRV.UN TSX:AEG TSXV:ODD TSXV:COHO MCD SBUX CMG LSE:CPG YUM YUMC DRI HKSE:06862 DPZ LKNCY
Traded in Other Exchanges
QSP.UN:Canada
Address
130 King Street West, Suite 300, P.O. Box 339, Toronto, ON, CAN, M5X 1E1
Website
https://www.rbi.com
Restaurant Brands International LP is a Canada-based firm. It owns, operates and franchises quick-service restaurants and possesses market recognition. It operates in three segments namely; Tim Hortons; Burger King; and Popeyes Louisiana Kitchen. Its business generates revenue from franchise revenues; property revenues from properties it leases or subleases to franchisees; and sales at restaurants owned by the company. In addition, the Tim Hortons business generates a vast majority of the revenue from sales to franchisees related to its supply chain operations, including manufacturing, procurement, warehousing, and distribution, as well as sales to retailers.
Executives
3g Capital Partners Ltd. 10 percent owner 600 THIRD AVENUE, NEW YORK NY 10016
3g Capital Partners Ii, L.p. 10 percent owner 600 THIRD AVENUE, NEW YORK NY 10016
3g Restaurant Brands Holdings General Partner Ltd. 10 percent owner C/O 3G CAPITAL INC., 600 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10016
3g Restaurant Brands Holdings Lp 10 percent owner C/O 3G CAPITAL INC., 600 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10016
3g Special Situations Fund Ii, L.p. 10 percent owner C/O 3G CAPITAL, INC., 600 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10016
3g Special Situations Partners, Ltd. 10 percent owner C/O 3G CAPITAL, INC., 600 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10016
Daniel S Schwartz other: See Remarks C/O BURGER KING HOLDINGS, 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Joshua Kobza other: See Remarks 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Restaurant Brands International Inc. other: See Remarks 130 KING STREET WEST, SUITE 300, TORONTO A6 M5X 1E1

Restaurant Brands International LP (Restaurant Brands International LP) Headlines

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