Restaurant Group (The) (LSE:RTN) Days Inventory : 2.94 (As of Jun. 2023)

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What is Restaurant Group (The) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Restaurant Group (The)'s Average Total Inventories for the six months ended in Jun. 2023 was £6.8 Mil. Restaurant Group (The)'s Cost of Goods Sold for the six months ended in Jun. 2023 was £421.7 Mil. Hence, Restaurant Group (The)'s Days Inventory for the six months ended in Jun. 2023 was 2.94.

The historical rank and industry rank for Restaurant Group (The)'s Days Inventory or its related term are showing as below:

LSE:RTN' s Days Inventory Range Over the Past 10 Years
Min: 2.58 Med: 3.63 Max: 5.16
Current: 2.76

During the past 13 years, Restaurant Group (The)'s highest Days Inventory was 5.16. The lowest was 2.58. And the median was 3.63.

LSE:RTN's Days Inventory is not ranked
in the Restaurants industry.
Industry Median: 15.46 vs LSE:RTN: 2.76

Restaurant Group (The)'s Days Inventory increased from Jun. 2022 (2.88) to Jun. 2023 (2.94). It might indicate that Restaurant Group (The)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Restaurant Group (The)'s Inventory Turnover for the six months ended in Jun. 2023 was 62.01.

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. Restaurant Group (The)'s Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.01.

Restaurant Group (The) Days Inventory Historical Data

The historical data trend for Restaurant Group (The)'s Days Inventory 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.

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Restaurant Group (The) Days Inventory Chart

Restaurant Group (The) Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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4.25

3.12

5.16

3.54

2.58

Restaurant Group (The) Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															4.08	2.95	2.88	2.54	2.94

Competitive Comparison of Restaurant Group (The)'s Days Inventory

For the Restaurants subindustry, Restaurant Group (The)'s Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Restaurant Group (The)'s Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Restaurant Group (The)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Restaurant Group (The)'s Days Inventory falls into.

Restaurant Group (The) Days Inventory Calculation

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

Restaurant Group (The)'s Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (6	+	6.5)	/	2 )	/	883.5	*	365
=	6.25					/	883.5	*	365
=	2.58

Restaurant Group (The)'s Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (6.5	+	7.1)	/	2 )	/	421.7	*	365 / 2
=	6.8					/	421.7	*	365 / 2
=	2.94

Restaurant Group (The) (LSE:RTN) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Restaurant Group (The)'s Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	421.7	/	6.8
	=	62.01

2. 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.

Restaurant Group (The)'s Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.8	/	467.4
	=	0.01

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Restaurant Group (The) Days Inventory Related Terms

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Restaurant Group (The) (LSE:RTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Restaurant Group (The) PLC (LSE:RTN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-7 Marshalsea Road, Borough, London, GBR, SE1 1EP

Website

https://www.trgplc.com

Restaurant Group (The) PLC operates more than 400 restaurants and pubs under a variety of brand names and concepts, including Frankie and Benny's (American and Italian food), Chiquito (Mexican food), Coast to Coast (American food), Brunning & Price (traditional British pub), and Garfunkel's (British cafe). The group trades in four segments Wagamama, Pubs, Leisure, and Concessions. Nearly all of the company's restaurants are in the United Kingdom. The Group also operates Pub restaurants and a Concessions business which trades principally at UK airports.