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Days Inventory is also known as Days Sales of Inventory (DSI). Restaurant Brands International's Average Total Inventories for the three months ended in Jun. 2024 was $156 Mil. Restaurant Brands International's Cost of Goods Sold for the three months ended in Jun. 2024 was $1,294 Mil. Hence, Restaurant Brands International's Days Inventory for the three months ended in Jun. 2024 was 11.00.
The historical rank and industry rank for Restaurant Brands International's Days Inventory or its related term are showing as below:
During the past 12 years, Restaurant Brands International's highest Days Inventory was 53.82. The lowest was 9.12. And the median was 12.07.
Restaurant Brands International's Days Inventory declined from Jun. 2023 (13.68) to Jun. 2024 (11.00).
Inventory Turnover measures how fast the company turns over its inventory within a year. Restaurant Brands International's Inventory Turnover for the three months ended in Jun. 2024 was 8.29.
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 Brands International's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.08.
The historical data trend for Restaurant Brands International'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.
Restaurant Brands International Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 9.04 | 10.97 | 10.41 | 10.70 | 12.93 |
Restaurant Brands International Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Days Inventory | Get a 7-Day Free Trial | 13.68 | 14.05 | 12.97 | 13.91 | 11.00 |
For the Restaurants subindustry, Restaurant Brands International'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.
For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands International's Days Inventory distribution charts can be found below:
* The bar in red indicates where Restaurant Brands International's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Restaurant Brands International's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
Days Inventory (A: Dec. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Dec. 2022 ) | + | Total Inventories (A: Dec. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Dec. 2023 ) | * | Days in Period |
= | ( (133 | + | 166) | / | 2 ) | / | 4220 | * | 365 |
= | 149.5 | / | 4220 | * | 365 | ||||
= | 12.93 |
Restaurant Brands International's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:
Days Inventory (Q: Jun. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Mar. 2024 ) | + | Total Inventories (Q: Jun. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Jun. 2024 ) | * | Days in Period |
= | ( (152 | + | 160) | / | 2 ) | / | 1294 | * | 365 / 4 |
= | 156 | / | 1294 | * | 365 / 4 | ||||
= | 11.00 |
* 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.
Restaurant Brands International (NYSE:QSR) 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 Brands International's Inventory Turnover for the three months ended in Jun. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 1294 | / | 156 | |
= | 8.29 |
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 Brands International's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 156 | / | 2080 | |
= | 0.08 |
* 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
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.
Thank you for viewing the detailed overview of Restaurant Brands International's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas Benjamin Curtis | officer: See Remarks | 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105 |
Axel Mr Schwan | officer: Pres., Tim Hortons Americas | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Joshua Kobza | officer: Chief Financial Officer | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Ali Hedayat | director | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Jill Granat | officer: See Remarks | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Duncan Fulton | officer: Chief Corporate Officer | C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Jeffrey Housman | officer: See Remarks | C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Matthew Dunnigan | officer: CFO | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Jacqueline Friesner | officer: See Remarks | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Sami A. Siddiqui | officer: Brand Pres., Popeyes, Americas | C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126 |
David Chan Shear | officer: President, International | C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126 |
J Patrick Doyle | officer: Executive Chairman | 8701 COLLINS AVENUE UNIT 1202, MIAMI BEACH FL 33154 |
Jordana Fribourg | director | C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Jose E. Cil | officer: See Remarks | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Cristina Farjallat | director | 130 KING STREET WEST, SUITE 300, TORONTO Z4 M5X 1E1 |
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