GCFB (Granite City Food & Brewery) Total Inventories: $1.9 Mil (As of Jun. 2017)


What is Granite City Food & Brewery Total Inventories?

Granite City Food & Brewery GCFB Total Inventories is $1.9 Mil as of Jun. 2017.

Granite City Food & Brewery's total inventories for the quarter that ended in Jun. 2017 was $1.9 Mil. Granite City Food & Brewery's average total inventories from the quarter that ended in Mar. 2017 to the quarter that ended in Jun. 2017 was $1.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Granite City Food & Brewery's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was $-5.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Granite City Food & Brewery's Days Inventory for the three months ended in Jun. 2017 was 5.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Granite City Food & Brewery's Inventory Turnover for the quarter that ended in Jun. 2017 was 16.99.

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. Granite City Food & Brewery's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 0.05.


Granite City Food & Brewery  (OTCPK:GCFB) 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.

Granite City Food & Brewery's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 is

Net-Net Working Capital Per Share (Q: Jun. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.223+0.75 * 0+0.5 * 1.872-78.739
-0-0)/14.361
=-5.05

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

Granite City Food & Brewery's Days Inventory for the three months ended in Jun. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2017 )/Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=1.865/31.685*365 / 4
=5.37

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

Granite City Food & Brewery's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2017 ) / Average Total Inventories (Q: Jun. 2017 )
=31.685 / 1.865
=16.99

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.

Granite City Food & Brewery's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2017 ) / Revenue (Q: Jun. 2017 )
=1.865 / 36.811
=0.05

* 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.


Granite City Food & Brewery Total Inventories Related Terms


Granite City Food & Brewery Total Inventories Historical Data

* Premium members only.

The historical data trend for Granite City Food & Brewery'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.

Granite City Food & Brewery Total Inventories Chart

Granite City Food & Brewery Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 1.82 1.87 2.15 1.95

Granite City Food & Brewery Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 2.09 1.85 1.95 1.86 1.87

Granite City Food & Brewery 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $1.9 Mil mean?
Granite City Food & Brewery (GCFB) has a Total Inventories of $1.9 Mil as of Jun. 2017. The total amount of inventory as recorded on a company's balance sheet. View historical data for Granite City Food & Brewery and its competitors.
Is Granite City Food & Brewery's Total Inventories too high?
Granite City Food & Brewery's current Total Inventories is $1.9 Mil.
How does Granite City Food & Brewery's Total Inventories compare to BDVB and DBUB?
Granite City Food & Brewery's Total Inventories of $1.9 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Restaurants company?
A good Total Inventories depends on the Restaurants industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Granite City Food & Brewery and its competitors. Granite City Food & Brewery's current Total Inventories is $1.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite City Food & Brewery stock overvalued right now?
Granite City Food & Brewery (GCFB) has a current Total Inventories of $1.9 Mil. The current Total Inventories is $1.9 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Granite City Food & Brewery (GCFB), the current Total Inventories is $1.9 Mil as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Granite City Food & Brewery Business Description

Address 12701 Whitewater Drive, Suite 290, Minnetonka, MN, USA, 55343
Granite City Food & Brewery Ltd owns and operates a restaurant with an on-site brewery. The company operates two casual dining concepts which include Granite city food and brewery and Cadillac ranch all American bar and grill. The Granite city restaurant theme is upscale casual dining with a wide variety of menu items, which includes handcrafted beers finished on-site. Cadillac Ranch restaurants feature authentic, cuisine in a fun, dynamic environment. Its menu is diverse with offerings ranging from homemade meatloaf to pasta dishes. It has approximately 36 restaurants in over 10 states. In addition, it also operates a centralized beer production facility in Ellsworth, Iowa which facilitates the initial stages of its brewing process.