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Constellation Brands (Constellation Brands) Days Inventory

: 168.66 (As of Feb. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). Constellation Brands's Average Total Inventories for the three months ended in Feb. 2024 was $2,033 Mil. Constellation Brands's Cost of Goods Sold for the three months ended in Feb. 2024 was $1,100 Mil. Hence, Constellation Brands's Days Inventory for the three months ended in Feb. 2024 was 168.66.

The historical rank and industry rank for Constellation Brands's Days Inventory or its related term are showing as below:

STZ' s Days Inventory Range Over the Past 10 Years
Min: 117.21   Med: 167.64   Max: 195.64
Current: 143.66

During the past 13 years, Constellation Brands's highest Days Inventory was 195.64. The lowest was 117.21. And the median was 167.64.

STZ's Days Inventory is ranked better than
53.17% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 156.14 vs STZ: 143.66

Constellation Brands's Days Inventory increased from Feb. 2023 (162.88) to Feb. 2024 (168.66). It might indicate that Constellation Brands's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Constellation Brands's Inventory Turnover for the three months ended in Feb. 2024 was 0.54.

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. Constellation Brands's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.95.


Constellation Brands Days Inventory Historical Data

The historical data trend for Constellation Brands'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.

* Premium members only.

Constellation Brands Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.56 117.21 127.08 135.29 146.80

Constellation Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Inventory 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 162.88 139.73 123.87 144.52 168.66

Competitive Comparison

For the Beverages - Wineries & Distilleries subindustry, Constellation Brands'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.


Constellation Brands Days Inventory Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Constellation Brands's Days Inventory distribution charts can be found below:

* The bar in red indicates where Constellation Brands's Days Inventory falls into.



Constellation Brands Days Inventory Calculation

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

Constellation Brands's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Days Inventory (A: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (1898.7 + 2078.3) / 2 ) / 4944.3*365
=1988.5 / 4944.3*365
=146.80

Constellation Brands's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (1988 + 2078.3) / 2 ) / 1100*365 / 4
=2033.15 / 1100*365 / 4
=168.66

* 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.


Constellation Brands  (NYSE:STZ) 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.

Constellation Brands's Inventory Turnover for the three months ended in Feb. 2024 is calculated as

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.

Constellation Brands's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

* 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.


Constellation Brands Days Inventory Related Terms

Thank you for viewing the detailed overview of Constellation Brands's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Constellation Brands (Constellation Brands) Business Description

Traded in Other Exchanges
Address
207 High Point Drive, Building 100, Victor, New York, NY, USA, 14564
Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the U.S., generating 80% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona. The rest of the business includes some remaining wine and spirits brands, categories where the company continue to prune assets in recent years. With its exclusive rights tied to the Mexican beer brands effective only in the U.S., the firm has small revenue exposure to international markets. Constellation owns a 36% stake in no-moat Canopy Growth, a medicinal and recreational cannabis producer in Canada, and has a 50/50 joint venture with glass manufacturer Owens-Illinois in Mexico.
Executives
Family Foundation Sands other: Member of 10% owner group C/O WILDSTAR PARTNERS LLC, 110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444
Ernesto M Hernandez director C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
James O. Bourdeau officer: EVP & Gen. Counsel C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
Daniel J Mccarthy director FRONTIER COMMUNICATIONS, 401 MERRITT 7, NORWALK CT 06851
Robert Lee Hanson officer: EVP & Pres. Wine and Spirits C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
William A Newlands director, officer: President & CEO C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DR., BUILDING 100, VICTOR NY 14564
Kaneenat Kristann Carey officer: EVP & Chief HR Officer 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Garth Hankinson officer: EVP & CFO C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
William T Giles director 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Luca Zaramella director C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60015
Rht 2015 Business Holdings Lp other: Member of 10% owner group 110 E ATLANTIC AVE, STE. 200, C/O WILDSTAR PARTNERS LLC, DELRAY BEACH FL 33444
Rss Business Holdings Lp 10 percent owner C/O WILDSTAR PARTNERS LLC, 110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444
Rct 2015 Business Holdings Lp other: Member of 10% owner group 110 E ATLANTIC AVE, STE. 200, C/O WILDSTAR PARTNERS LLC, DELRAY BEACH FL 33444
Wildstar Partners Llc 10 percent owner 110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444
Rss 2015 Business Holdings Lp other: Member of 10% owner group 110 E ATLANTIC AVE, STE. 200, C/O WILDSTAR PARTNERS LLC, DELRAY BEACH FL 33444