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BRC (BRCC) Total Inventories : $56.5 Mil (As of Dec. 2023)


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What is BRC Total Inventories?

BRC's total inventories for the quarter that ended in Dec. 2023 was $56.5 Mil. BRC's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $73.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. BRC's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-2.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BRC's Days Inventory for the three months ended in Dec. 2023 was 76.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. BRC's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.19.

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. BRC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.62.


BRC Total Inventories Historical Data

The historical data trend for BRC'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.

BRC Total Inventories Chart

BRC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
5.14 16.04 20.87 77.18 56.47

BRC Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 77.18 102.91 109.72 91.37 56.47

BRC 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.


BRC  (NYSE:BRCC) 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.

BRC's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.448+0.75 * 25.207+0.5 * 56.465-189.268
-0-33.237)/65.6378
=-2.48

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

BRC's Days Inventory for the three 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
=73.919/87.978*365 / 4
=76.67

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

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=87.978 / 73.919
=1.19

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.

BRC'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 )
=73.919 / 119.649
=0.62

* 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.


BRC Total Inventories Related Terms

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BRC (BRCC) Business Description

Traded in Other Exchanges
N/A
Address
1144 S. 500 W, Salt Lake City, UT, USA, 84101
BRC Inc is a veteran-controlled company that serves premium coffee, content, and merchandise to active military, veterans, and first responders. it is committed to producing great coffee that consumers love, and high-quality merchandise that enables its community to showcase its brand. its omnichannel distribution has three components: Direct to Consumer channel includes its e-commerce business, through which consumers order products online and products are shipped to them, The wholesale channel includes products sold to an intermediary such as convenience, grocery, drug, and mass merchandise stores, who in turn sell those products to consumers, and Outpost channel includes revenue from its Company-operated and franchised Black Rifle Coffee retail coffee shop locations.
Executives
Glenn W. Welling director, 10 percent owner 610 NEWPORT CENTER DRIVE, SUITE 950, NEWPORT BEACH CA 92660
Thomas E Davin director, officer: Co-Chief Executive Officer
Kathryn P Dickson director 1245 CEDAR LAKE ROAD S., MINNEAPOLIS MN 55416
Andrew J. Mccormick officer: Gen. Counsel & Corp. Secretary C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Stephen M Kadenacy officer: CFO C/O AECOM TECHNOLOGY CORPORATION, 555 S. FLOWER STREET, SUITE 3700, LOS ANGELES CA 90071
Christopher John Clark officer: CTO & COO 1250 S. CAPITAL OF TEXAS HIGHWAY, BUILDING 2, SUITE 285, AUSTIN TX 78746
Christopher Mondzelewski officer: President and CMO C/O BRC INC., 1144 S 500 W, SALT LAKE CITY UT 84101
Steven Taslitz director C/O STERLING PARTNERS, 401 NORTH MICHIGAN AVENUE, SUITE 3300, CHICAGO IL 60611
George Munoz director C/O MARRIOTT INTERNATONAL INC, 10400 FERNWOOD ROAD, BETHESDA MD 20817
Roland Smith director, officer: Executive Chairman 2951 28TH STREET, SANTA MONICA CA 90405
Heath Richard Nielsen officer: Chief Retail Officer 1250 S. CAPITAL OF TEXAS HIGHWAY, BUILDING 2, SUITE 285, AUSTIN TX 78746
Gregory James Iverson officer: Chief Financial Officer 4025 S. RIVERPOINT PARKWAY, CF-K809, PHOENIX AZ 85040
Kristina A Braendel officer: Chief Accounting Officer C/O BRC INC., 1144 S. 500 W, SALT LAKE CITY UT 84101
Engaged Capital Co-invest Xiii, Lp other: See Footnote 1 610 NEWPORT CENTER DRIVE, SUITE 250, NEWPORT BEACH CA 92660
Engaged Capital Llc 10 percent owner 610 NEWPORT CENTER DRIVE, SUITE 950, NEWPORT BEACH CA 92660