Restaurant Brands NZ (Restaurant Brands NZ) Inventory Turnover : 30.92 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Restaurant Brands NZ 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. Restaurant Brands NZ's Cost of Goods Sold for the six months ended in Dec. 2023 was $369.7 Mil. Restaurant Brands NZ's Average Total Inventories for the quarter that ended in Dec. 2023 was $12.0 Mil. Restaurant Brands NZ's Inventory Turnover for the quarter that ended in Dec. 2023 was 30.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Restaurant Brands NZ's Days Inventory for the six months ended in Dec. 2023 was 5.90.

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 NZ's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Restaurant Brands NZ Inventory Turnover Historical Data

The historical data trend for Restaurant Brands NZ'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.

Restaurant Brands NZ Inventory Turnover Chart

Restaurant Brands NZ Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

56.93

57.58

46.05

44.04

51.31

Restaurant Brands NZ Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															22.95	23.02	25.13	25.41	30.92

Restaurant Brands NZ Inventory Turnover Calculation

Restaurant Brands NZ's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	725.172	/ (	(15.972	+	12.297)	/	2 )
=	725.172	/	14.1345
=	51.31

Restaurant Brands NZ's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	369.682	/ (	(11.619	+	12.297)	/	2 )
=	369.682	/	11.958
=	30.92

Restaurant Brands NZ (OTCPK:RTBRF) 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.

Restaurant Brands NZ's Days Inventory for the six 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
	=	11.958	/	369.682	*	365 / 2
	=	5.90

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.

Restaurant Brands NZ'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 )
	=	11.958	/	424.416
	=	0.03

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.

Restaurant Brands NZ Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Restaurant Brands NZ's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Restaurant Brands NZ (Restaurant Brands NZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Restaurant Brands NZ Ltd (OTCPK:RTBRF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

RBD:New Zealand RBD:Australia

Address

666 Great South Road, Level 3, Level 3, Building 7, Central Park, Penrose, Auckland, NTL, NZL, 1051

Website

https://www.restaurantbrands.co.nz

Restaurant Brands NZ Ltd, together with its subsidiaries, operates quick service and takeaway restaurant concepts. The company's business includes KFC and Carl's Jr. It has various brands, consisting of KFC New Zealand, KFC Australia, Taco Bell, and Carl's Jr. stores. The company has purchased approximately more than 90 KFC stores in New South Wales, Australia, and also acquired the New Zealand franchise for Carl's Jr.

Restaurant Brands NZ (Restaurant Brands NZ) Headlines

From GuruFocus

Restaurant Brands NZ - Value Down Under

By Praveen Chawla • 01-15-2023

Restaurant Brands NZ Stock Gives Every Indication Of Being Fairly Valued

By GF Value • 07-13-2021