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Luby's (Luby's) Total Inventories : $0.00 Mil (As of Aug. 2021)


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What is Luby's Total Inventories?

Luby's's total inventories for the quarter that ended in Aug. 2021 was $0.00 Mil. Luby's's average total inventories from the quarter that ended in May. 2021 to the quarter that ended in Aug. 2021 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Luby's's Net-Net Working Capital per share for the quarter that ended in Aug. 2021 was $-0.98.

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

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

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.


Luby's Total Inventories Historical Data

The historical data trend for Luby's'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.

Luby's Total Inventories Chart

Luby's Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.45 4.02 3.43 1.65 -

Luby's Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 1.65 - - - -

Luby's 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.


Luby's  (NYSE:LUB) 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.

Luby's's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2021 is

Net-Net Working Capital Per Share (Q: Aug. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(14.392+0.75 * 10.184+0.5 * 0-52.234
-0-0)/30.9738
=-0.98

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

Luby's's Days Inventory for the three months ended in Aug. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Aug. 2021 )/Cost of Goods Sold (Q: Aug. 2021 )*Days in Period
=0/0*365 / 4
=

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

Luby's's Inventory Turnover for the quarter that ended in Aug. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Aug. 2021 ) / Average Total Inventories (Q: Aug. 2021 )
=0 / 0
=N/A

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.

Luby's's Inventory to Revenue for the quarter that ended in Aug. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2021 ) / Revenue (Q: Aug. 2021 )
=0 / 0
=

* 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.


Luby's Total Inventories Related Terms

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Luby's (Luby's) Business Description

Traded in Other Exchanges
N/A
Address
13111 Northwest Freeway, Suite 600, Houston, TX, USA, 77040
Luby's Inc is a multi-branded company that owns and operates restaurants in the United States. Its operating segments are Company-owned restaurants, which generate majority revenue; franchise operations; and Culinary Contract Services. The company-owned restaurant's segment consists of brands including Luby's Cafeteria, Fuddruckers, and Cheeseburger in Paradise with a couple of non-core restaurant locations under other brand names. It only offers franchises for the Fuddruckers brand. Franchises are sold in markets where expansion is deemed advantageous to the development of the Fuddruckers concept and system of restaurants. The CCS operation, branded as Luby's Culinary Contract Services, consists of a business line servicing healthcare and corporate dining clients.
Executives
Steven Goodweather officer: Chief Financial Officer 13111 NORTHWEST FREEWAY SUITE 600 HOUSTON TX 77040
Philip Rider officer: Chief Acct Officer &Controller 13111 NORTHWEST FREEWAY SUITE 600 HOUSTON TX 77040
Randolph C Read director C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
John B Morlock director C/O POTBELLY CORPORATION, 111 NORTH CANAL, SUITE 850, CHICAGO IL 60606
Twila Day director 12344 WHITE OAK PT CONROE TX 77304
Benjamin T Coutee officer: Chief Operating Officer 13111 NORTHWEST FREEWAY SUITE 600 HOUSTON TX 77040
Christopher James Pappas director, 10 percent owner, officer: President and Chief Executive
Harris J Pappas director, 10 percent owner, officer: Chief Operating Officer C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Gasper Iii Mir director
K Scott Gray officer: SVP & Chief Financial Officer 13111 NORTHWEST FREEWAY, SUITE 600 HOUSTON TX 77040
Frank Markantonis director P.O. BOX 33069 SAN ANTONIO TX 78265
Gerald W Bodzy director
Arthur R Emerson director
Judith B Craven director COMPAQ COMPUTER CORPORATION, PO BOX 692000, MC 110701, HOUSTON TX 77269-2000
Bandera Partners Llc 10 percent owner 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004