GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » GEN Restaurant Group Inc (NAS:GENK) » Definitions » Total Inventories

GEN Restaurant Group (GEN Restaurant Group) Total Inventories : $0.5 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is GEN Restaurant Group Total Inventories?

GEN Restaurant Group's total inventories for the quarter that ended in Mar. 2024 was $0.5 Mil. GEN Restaurant Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. GEN Restaurant Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-38.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GEN Restaurant Group's Days Inventory for the three months ended in Mar. 2024 was 1.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. GEN Restaurant Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 70.84.

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. GEN Restaurant Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.


GEN Restaurant Group Total Inventories Historical Data

The historical data trend for GEN Restaurant Group'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.

GEN Restaurant Group Total Inventories Chart

GEN Restaurant Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
0.43 0.14 1.13 2.54 0.46

GEN Restaurant Group Quarterly Data
Dec19 Sep20 Dec20 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 1.34 0.95 0.58 0.46 0.47

GEN Restaurant Group 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.


GEN Restaurant Group  (NAS:GENK) 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.

GEN Restaurant Group'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)
=(28.122+0.75 * 0+0.5 * 0.474-172.649
-0-31.496)/4.51196
=-38.96

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

GEN Restaurant Group'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
=0.4675/33.12*365 / 4
=1.29

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

GEN Restaurant Group'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 )
=33.12 / 0.4675
=70.84

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.

GEN Restaurant Group'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 )
=0.4675 / 50.76
=0.01

* 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.


GEN Restaurant Group Total Inventories Related Terms

Thank you for viewing the detailed overview of GEN Restaurant Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


GEN Restaurant Group (GEN Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
11480 South Street, Suite 205, Cerritos, CA, USA, 90703
GEN Restaurant Group Inc is engaged in GEN Korean BBQ which is one of the largest Asian casual dining restaurants. It offers an extensive menu of traditional Korean and Korean-American food, including high-quality meats, poultry, seafood and mixed vegetables, all at a superior value. Its restaurants have modern decor, lively Korean pop music playing in the background and embedded grills in the center of each table. Its food is served family style and requires guests to share and coordinate their cooking responsibilities, which fosters more meaningful interaction than traditional casual dining. The company believes in its unique culinary experience appeals to a vast segment of the population, particularly Millennials and Gen Z.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Jonathan Gregory director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Thomas Croal officer: Chief Financial Officer 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Jae Chang director, officer: Co-Chief Executive Officer 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Michael Cowan director 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Jose Manzanarez 10 percent owner 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Don Kim 10 percent owner 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Juhee Han 10 percent owner 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Lauren Wang 10 percent owner 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Ichibon Trading, Llc 10 percent owner 2711 VILLA PISA LN, LEAGUE CITY TX 77573-3293
Kim David Wook Jin director, 10 percent owner, officer: Co-Chief Executive Officer 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703