Inventory Turnover (Annual)

Inventory Turnover: A ratio showing how many times a company's inventory is sold and replaced over a period. Calculated as: Cost of Goods Sold / Total Inventory

First Watch Restaurant Group, Inc. (FWRG) had Inventory Turnover of 129.02 for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$891.55M
Net Income	$25.39M
Cost of Goods Sold	$694.26M
Gross Profit	$197.29M
Operating Expenses	$850.28M
Operating Income	$41.27M
Non-Operating Income/Expense	$-5.19M
Pre-Tax Income	$36.08M
Normalized Pre-Tax Income	$36.08M
Income after Taxes	$25.39M
Income from Continuous Operations	$25.39M
Consolidated Net Income/Loss	$25.39M
Normalized Income after Taxes	$25.39M
EBIT	$41.27M
EBITDA	$82.94M
Weighted-Average Shares Outstanding (Basic)	59.53M
Weighted-Average Shares Outstanding (Diluted)	61.19M
Earnings per Share (EPS) (Basic)	$0.43
Earnings per Share (EPS) (Diluted)	$0.41
Balance Sheet Financials
Current Assets	$71.19M
Property, Plant, and Equipment	$263.08M
Long-Term Assets	$1.20B
Total Assets	$1.27B
Current Liabilities	$115.07M
Long-Term Debt	$119.77M
Long-Term Liabilities	$590.69M
Total Liabilities	$705.76M
Common Equity	$561.28M
Tangible Shareholders Equity	$50.22M
Shareholders Equity	$561.28M
Common Shares Outstanding	59.89M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$95.34M
Cash Flow from Investing Activities	$-123.37M
Cash Flow from Financial Activities	$28.07M
Beginning Cash	$49.92M
End Cash	$49.96M
Increase/Decrease in Cash	$0.04M
Stock-Based Compensation	$7.60M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.62
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.18
Debt to Equity Ratio	0.22
Gross Margin	22.13%
Operating Margin	4.63%
EBIT Margin	4.63%
EBITDA Margin	9.30%
Pre-Tax Profit Margin	4.05%
Profit Margin	2.85%
Free Cash Flow	$10.81M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.70
Inventory Turnover	129.02
Receiveable Turnover	161.16
Days Sales in Receivables	2.26
Return on Equity	4.52%
Return on Tangible Equity	50.55%
Return on Assets	2.00%
Return on Investments	3.73%
Book Value Per Share	$9.37
Free Cash Flow per Share	$0.18
Operating Cash Flow per Share	$1.56

Data from Zacks Investment Research, Inc.