Cracker Barrel Old Country Store (CBRL)

Short-term

Turnover ratios

Cracker Barrel Old Country Store has maintained fairly consistent Inventory turnover ratios over the reported periods, indicating the company efficiently manages its inventory levels. The Receivables turnover ratios have fluctuated, but overall demonstrate the company's ability to collect outstanding receivables efficiently. Payables turnover ratios show some variability but generally suggest that Cracker Barrel effectively handles its payment obligations.

The company's Working capital turnover was not available for some periods but has shown a declining trend in recent periods, indicating a decrease in the efficiency of utilizing working capital to generate revenue. Overall, the activity ratios suggest that Cracker Barrel Old Country Store manages its resources effectively, with room for improvement in optimizing working capital utilization.

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Average number of days

Days of inventory on hand (DOH) measures how many days it takes for a company to turn its inventory into sales. A lower DOH indicates efficient inventory management. Cracker Barrel's DOH has been relatively stable over the periods analyzed, ranging from around 24 to 33 days, with a decreasing trend in recent quarters, indicating more efficient inventory turnover.

Days of sales outstanding (DSO) represents the average number of days it takes for a company to collect its accounts receivable. A lower DSO indicates faster collection of receivables. Cracker Barrel's DSO has fluctuated but generally remained low, ranging from around 3 to 11 days. The variation could be due to seasonality or changes in customer payment behavior.

Number of days of payables measures how long a company takes to pay its suppliers. A higher number of days of payables indicates the company is taking a longer time to pay its bills. Cracker Barrel's days of payables have been somewhat variable, ranging from around 15 to 26 days. A longer payment period can sometimes indicate better cash flow management, as long as it does not strain supplier relationships.

Overall, Cracker Barrel's activity ratios show relatively efficient management of inventory and receivables, with some fluctuations in payables management. The company may be optimizing its working capital effectively to support its operations.

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Long-term

Cracker Barrel Old Country Store's long-term activity ratios indicate the efficiency of the company in utilizing its assets. The fixed asset turnover ratio has shown a relatively stable trend over the periods analyzed, ranging from 2.26 to 3.61. This suggests that the company generates, on average, between 2.26 to 3.61 dollars in revenue for every dollar invested in fixed assets.

On the other hand, the total asset turnover ratio has also displayed a consistent performance, albeit with slight fluctuations. The ratio ranges from 0.78 to 1.60, indicating that the company generates between 0.78 to 1.60 dollars in revenue for every dollar of total assets employed.

Overall, these ratios suggest that Cracker Barrel Old Country Store efficiently utilizes both its fixed and total assets to generate revenue. However, it is important to consider the industry benchmarks and compare these ratios to competitors for a more comprehensive assessment of the company's asset management efficiency.