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Flanigan'S Enterprises (Flanigan'S Enterprises) Total Inventories : $7.4 Mil (As of Mar. 2024)


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What is Flanigan'S Enterprises Total Inventories?

Flanigan'S Enterprises's total inventories for the quarter that ended in Mar. 2024 was $7.4 Mil. Flanigan'S Enterprises's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $7.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Flanigan'S Enterprises's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-31.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Flanigan'S Enterprises's Days Inventory for the three months ended in Mar. 2024 was 18.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Flanigan'S Enterprises's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.86.

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. Flanigan'S Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.16.


Flanigan'S Enterprises Total Inventories Historical Data

The historical data trend for Flanigan'S Enterprises'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.

Flanigan'S Enterprises Total Inventories Chart

Flanigan'S Enterprises Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 3.62 5.06 6.49 7.20

Flanigan'S Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.56 7.14 7.20 7.68 7.39

Flanigan'S Enterprises 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.


Flanigan'S Enterprises  (AMEX:BDL) 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.

Flanigan'S Enterprises's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(22.002+0.75 * 0+0.5 * 7.387-68.425
-0-14.899)/1.85865
=-31.01

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

Flanigan'S Enterprises's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=7.532/36.604*365 / 4
=18.78

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

Flanigan'S Enterprises's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=36.604 / 7.532
=4.86

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.

Flanigan'S Enterprises's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=7.532 / 47.681
=0.16

* 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.


Flanigan'S Enterprises Total Inventories Related Terms

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Flanigan'S Enterprises (Flanigan'S Enterprises) Business Description

Traded in Other Exchanges
Address
5059 N.E. 18th Avenue, Fort Lauderdale, FL, USA, 33334
Flanigan'S Enterprises Inc operates as a chain of small cocktail lounges and packages liquor stores throughout South Florida. Its menu consists of a wide variety of options including prime rib, steaks, pasta, entree salads, burgers, a variety of sandwiches, and oversized signature desserts. The business activity is principally conducted in two segments namely Restaurant and Package liquor store segment. Its Restaurant segment offers alcoholic beverages and full food service and Package stores consist of retail liquor sales and related items. The company generates maximum revenue from Restaurant segment.
Executives
E. Mary Bennett director 2168 CENTERVIEW CT N, CLEARWATER FL 33759
Christopher Barry Oneil director 4101 NE 26TH AVENUE, LIGHTHOUSE POINT FL 33064
August Bucci director, officer: Chief Operating Officer 13078 NORTHWEST 23RD ST, PEMBROKE PINES FL 33028
James Ii Flanigan director, officer: President 5059 NORTHEAST 18TH AVE, FORT LAUDERDALE FL 33334
Jeffrey D Kastner director, officer: CFO & Secretary 5059 N.E. 18TH AVENUE, FORT LAUDERDALE FL 33334
Christopher Jeff Nelms director 724 SE 17TH TERRACE, DEERFIELD BEACH FL 33441
Michael B Flanigan director 601 OVERLOOK DRIVE, STUART FL 34994
Barbara J Kronk director 9990 N.W. 39TH STREET, HOLLYWOOD FL 33024
Jean Picard officer: VP of Package Operations 8351 NORTHWEST 166TH TERRACE, MIAMI FL 33016
Patrick J Flanigan director 1750 NORTHWEST RIVER TRAIL, STUART FL 34994
Joseph G Flanigan director, officer: Chariman & CEO 6 GATEHOUSE ROAD, SEA RANCH LAKES FL 33308

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