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Bloomin Brands (Bloomin Brands) Total Inventories : $65 Mil (As of Mar. 2024)


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What is Bloomin Brands Total Inventories?

Bloomin Brands's total inventories for the quarter that ended in Mar. 2024 was $65 Mil. Bloomin Brands's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $71 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Bloomin Brands's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-32.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bloomin Brands's Days Inventory for the three months ended in Mar. 2024 was 6.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bloomin Brands's Inventory Turnover for the quarter that ended in Mar. 2024 was 14.05.

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. Bloomin Brands's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.


Bloomin Brands Total Inventories Historical Data

The historical data trend for Bloomin Brands'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.

* Premium members only.

Bloomin Brands Total Inventories Chart

Bloomin Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.86 61.93 79.11 78.12 75.94

Bloomin Brands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories 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 67.90 62.33 70.56 75.94 65.21

Bloomin Brands Total Inventories Calculation

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.


Bloomin Brands  (NAS:BLMN) 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.

Bloomin Brands's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(131.664+0.75 * 50.889+0.5 * 65.211-3088.804
-0-2.75)/87.8113
=-32.90

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

Bloomin Brands's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=70.575/991.303*365 / 4
=6.50

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

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=991.303 / 70.575
=14.05

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=70.575 / 1195.327
=0.06

* 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.


Bloomin Brands Total Inventories Related Terms

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Bloomin Brands (Bloomin Brands) Business Description

Traded in Other Exchanges
Address
2202 North West Shore Boulevard, Suite 500, Tampa, FL, USA, 33607
Bloomin Brands Inc operates as a casual dining restaurant company. The company's brand includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse and Wine Bar. The company owns and operates its restaurants, and the remainder is franchised. It derives revenue mainly from the United States, but the company has a presence in Brazil and South Korea with company-owned Outbacks and Carrabbas. In addition, it also has exposure to several countries, predominantly in Asia, principally through franchising.
Executives
Rohit Lal director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Lissette R Gonzalez officer: SVP, Global Supply Chain Offic 2202 N. WEST SHORE BLVD., SUITE 500, TAMAP FL 33607
Brett A Patterson officer: SVP, Pres Outback Steakhouse 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Mark E Graff officer: SVP, Development 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Astrid Isaacs officer: SVP, Chief Technology Officer 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Elizabeth A Smith director, officer: Chairman and CEO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Gainor John P Jr director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Julie T. Kunkel director 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
David J. Deno officer: Executive Vice President & CFO 111 4TH AVENUE NORTH #503, MINNEAPOLIS MN 55402
Suzann Trevisan officer: Chief Human Resources Officer 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Melanie Marein-efron director C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Philip J Pace officer: SVP, Chief Accounting Officer 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Kelly Lefferts officer: EVP, Chief Legal Officer 2202 N. WEST SHORE BLVD SUITE 500, TAMPA FL 33607
Gregg Scarlett officer: EVP & Pres. Bonefish Grill 2202 NORTH WEST SHORE BOULEVARD, TAMPA FL 33607
Lawrence V Jackson director C/O ASSURANT, INC., 28 LIBERTY ST., 41 F, NEW YORK NY 10005