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PLNT (Planet Fitness) Total Inventories : $6 Mil (As of Dec. 2024)


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What is Planet Fitness Total Inventories?

Planet Fitness's total inventories for the quarter that ended in Dec. 2024 was $6 Mil. Planet Fitness's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Planet Fitness's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-33.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Planet Fitness's Days Inventory for the three months ended in Dec. 2024 was 2.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Planet Fitness's Inventory Turnover for the quarter that ended in Dec. 2024 was 31.67.

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. Planet Fitness's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.02.


Planet Fitness Total Inventories Historical Data

The historical data trend for Planet Fitness'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.

Planet Fitness Total Inventories Chart

Planet Fitness Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 1.16 5.27 4.68 6.15

Planet Fitness Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 4.68 4.96 5.20 4.86 6.15

Planet Fitness 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.


Planet Fitness  (NYSE:PLNT) 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.

Planet Fitness's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(407.313+0.75 * 77.145+0.5 * 6.146-3285.081
-0-0.007)/84.323
=-33.41

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

Planet Fitness's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=5.502/174.267*365 / 4
=2.88

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

Planet Fitness's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=174.267 / 5.502
=31.67

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.

Planet Fitness's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=5.502 / 340.45
=0.02

* 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.


Planet Fitness Total Inventories Related Terms

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Planet Fitness Business Description

Traded in Other Exchanges
Address
4 Liberty Lane West, Hampton, NH, USA, 03842
Planet Fitness Inc is a franchisor and operator of fitness centers in the United States. The company's reportable segments are Franchise, Corporate-owned stores, and Equipment. Franchise segment includes operations related to its franchising business in the United States, Puerto Rico, Canada, Panama, Mexico and Australia, Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada, and The Equipment segment includes the sale of equipment to franchisee-owned stores in the U.S. The firm generates a majority of its revenue from the Corporate-owned stores segment.
Executives
Cambria W Dunaway director C/O BRUNSWICK CORPORATION, 1 N FIELD COURT, LAKE FOREST IL 60045
William Bode officer: Chief Operations Officer 4 LIBERTY LANE WEST, HAMPTON NH 03842
Fitzgerald Thomas J Iii officer: Chief Financial Officer 111 NORTH CANAL STREET, SUITE 850, CHICAGO IL 60606
Jennifer Simmons officer: Div President, Corp Stores 4 LIBERTY LANE WEST, HAMPTON NH 03842
Brian O'donnell officer: VP, Chief Accounting Officer 4 LIBERTY LANE WEST, HAMPTON NH 03842
Craig R Benson director
Christopher Rondeau director, officer: CEO 4 LIBERTY LANE WEST, C/O PLANET FITNESS INC, HAMPTON NH 03842
Edward Hymes officer: President, COO 4 LIBERTY LANE WEST, HAMPTON NH 03842
Shane Mcguiness officer: President, Corporate Clubs 4 LIBERTY LANE WEST, HAMPTON NH 03842
Jeremy Tucker officer: Chief Marketing Officer 4 LIBERTY LANE WEST, HAMPTON NH 03842
Dorvin D Lively officer: CFO
Bernard Acoca director C/O EL POLLO LOCO HOLDINGS, INC., 3535 HARBOR BLVD., SUITE 100, COSTA MESA CA 92626
Christopher Tanco director 2001 COTTONWOOD VALLEY CIRCLE SOUTH, IRVING TX 75038
Craig Jeffrey Miller officer: Chief Digital & Information Of 5008 HARTRIDGE WAY, GREENSBORO NC 27407
Enshalla Anderson director 4 LIBERTY LANE WEST, HAMPTON NH 03842