Ruth's Hospitality Group (Ruth's Hospitality Group) Inventory-to-Revenue : 0.06 (As of Mar. 2023)

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What is Ruth's Hospitality Group Inventory-to-Revenue?

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. Ruth's Hospitality Group's Average Total Inventories for the quarter that ended in Mar. 2023 was $8.8 Mil. Ruth's Hospitality Group's Revenue for the three months ended in Mar. 2023 was $136.9 Mil. Ruth's Hospitality Group's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.06.

Ruth's Hospitality Group's Inventory-to-Revenue for the quarter that ended in Mar. 2023 increased from Dec. 2022 (0.06) to Dec. 2022 (0.06)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ruth's Hospitality Group's Days Inventory for the three months ended in Mar. 2023 was 7.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ruth's Hospitality Group's Inventory Turnover for the quarter that ended in Mar. 2023 was 11.68.

Ruth's Hospitality Group Inventory-to-Revenue Historical Data

The historical data trend for Ruth's Hospitality Group's Inventory-to-Revenue 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.

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Ruth's Hospitality Group Inventory-to-Revenue Chart

Ruth's Hospitality Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory-to-Revenue

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0.02

0.03

0.02

Ruth's Hospitality Group Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.07	0.06	0.07	0.06	0.06

Competitive Comparison of Ruth's Hospitality Group's Inventory-to-Revenue

For the Restaurants subindustry, Ruth's Hospitality Group's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ruth's Hospitality Group's Inventory-to-Revenue Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ruth's Hospitality Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ruth's Hospitality Group's Inventory-to-Revenue falls into.

Ruth's Hospitality Group Inventory-to-Revenue Calculation

Ruth's Hospitality Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory-to-Revenue (A: Dec. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )
=	( (8.554	+	9.138)	/	2 )	/	505.858
=	8.846					/	505.858
=	0.02

Ruth's Hospitality Group's Inventory-to-Revenue for the quarter that ended in Mar. 2023 is calculated as

	Inventory-to-Revenue (Q: Mar. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Revenue (Q: Mar. 2023 )
=	( (9.138	+	8.439)	/	2 )	/	136.857
=	8.7885					/	136.857
=	0.06

Ruth's Hospitality Group (NAS:RUTH) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Ruth's Hospitality Group's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	8.7885	/	102.621	*	365 / 4
	=	7.81

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

Ruth's Hospitality Group's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2023 )	/	Average Total Inventories (Q: Mar. 2023 )
	=	102.621	/	8.7885
	=	11.68

Ruth's Hospitality Group Inventory-to-Revenue Related Terms

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Ruth's Hospitality Group (Ruth's Hospitality Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Ruth's Hospitality Group Inc (NAS:RUTH) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1030 W. Canton Avenue, Suite 100, Winter Park, FL, USA, 32789

Website

https://www.rhgi.com

Ruth's Hospitality Group Inc operates or franchises more than 150 fine-dining restaurants under the name Ruth's Chris Steak House. The company has two reportable segments namely owned steakhouse and franchise operations. It generates maximum revenue from owned steakhouse segment. The company revenues are derived from the sale of food and beverage. It also has a presence in Aruba, Canada, China, Hong Kong, Indonesia, Japan, Mexico, Singapore, and Taiwan.

Executives

Mark Kupferman	officer: SVP, Chief Commercial Officer	1030 WEST CANTON AVENUE, SUITE 100, WINTER PARK FL 32789
Susan Mirdamadi	officer: EVP, Chief Admin Officer	1030 W CANTON AVE STE 100, WINTER PARK FL 32789
Michael P Odonnell	director, officer: President, CEO and Director	9659 PRESTON TRAIL WEST, PONTE VEDRA BEACH FL 32082
Mary Baglivo	director	C/O SAATCHI & SAATCHI, 17 HUDSON STREET, NEW YORK NY 10014
Marie Perry	director	26745 MALIBU HILLS RD, CALABASAS CA 91301
Stephen M King	director	2481 MANANA DRIVE, DALLAS TX 75220
David Hyatt	officer: Chief People Officer	1030 W. CANTON AVE., SUITE 100, WINTER PARK FL 32789
Marcy Norwood Lynch	officer: See Remarks	1030 W. CANTON AVENUE, SUITE 100, WINTER PARK FL 32789
Kristy Chipman	officer: See Remarks	1030 W. CANTON AVENUE, SUITE 100, WINTER PARK FL 32789
Alice G Givens	officer: SVP, General Counsel	4901 BAKERS MILL LANE, RICHMOND VA 23230
Cheryl Janet Henry	officer: Chief Branding Officer	C/O RUTH'S HOSPITALITY GROUP, INC., 1030 W. CANTON AVENUE, STE. 100, WINTER PARK FL 32789
Kevin W Toomy	officer: P&COO- Ruth's Chris Steak Hse	500 INTERNATIONAL PARKWAY, SUITE 100, HEATHROW FL 32746
Alan Vituli	director	968 JAMES STREET, SYRACUSE NY 13203
Carla Cooper	director	555 W. MONROE STREET, #08-01, CHICAGO IL 60661
Arne G. Haak	officer: Chief Financial Officer / EVP	1839 SENECA BOULEVARD, WINTER SPRINGS FL 32708