Days Inventory is also known as Days Sales of Inventory (DSI). Brown-Forman's Average Total Inventories for the
three
months ended in Jan. 2024 was $2,557 Mil. Brown-Forman's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $434 Mil.
Hence, Brown-Forman's Days Inventory for the
three
months ended in Jan. 2024 was 537.62.
The historical rank and industry rank for Brown-Forman's Days Inventory or its related term are showing as below:
BF.A'
s Days Inventory Range Over the Past 10 Years
Min: 341.61 Med: 433.76 Max: 527.76
Current: 527.76
During the past 13 years, Brown-Forman's highest Days Inventory was 527.76. The lowest was 341.61. And the median was 433.76.
BF.A's Days Inventory is ranked worse than 80.1% of 206
companies
in the Beverages - Alcoholic industry
Industry Median: 153.985
vs BF.A: 527.76
Brown-Forman's Days Inventory
increased
from Jan. 2023 (414.82) to Jan. 2024 (537.62).
It might indicate that Brown-Forman's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Brown-Forman's Inventory Turnover for the
three
months ended in Jan. 2024 was 0.17.
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.
Brown-Forman's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 2.39.
Brown-Forman Days Inventory Historical Data
The historical data trend for Brown-Forman'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.
Brown-Forman Annual Data
Trend
Apr14
Apr15
Apr16
Apr17
Apr18
Apr19
Apr20
Apr21
Apr22
Apr23
Days Inventory
456.88
473.23
458.72
422.40
431.62
Brown-Forman Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Days Inventory
414.82
493.22
564.12
532.33
537.62
Competitive Comparison
For the Beverages - Wineries & Distilleries subindustry, Brown-Forman'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.
Brown-Forman Days Inventory Distribution
For the Beverages - Alcoholic industry and Consumer Defensive sector, Brown-Forman's Days Inventory distribution charts can be found below:
* The bar in red indicates where Brown-Forman's Days Inventory falls into.
Brown-Forman Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Brown-Forman's Days Inventory for the fiscal year that ended in Apr. 2023 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.
Brown-Forman (NYSE:BF.A) 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.
Brown-Forman's Inventory Turnover for the
three
months ended in Jan. 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.
Brown-Forman's Inventory to Revenue for the
three
months ended in Jan. 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.
Brown-Forman Days Inventory Related Terms
Thank you for viewing the detailed overview of Brown-Forman's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Brown-Forman is a U.S.-based manufacturer of premium distilled spirits that generates close to 70% of revenues in the whiskey category, under well-known Tennessee whiskey brand Jack Daniel's and bourbon brands Woodford Reserve and Old Forester. It also manufactures and distributes tequila, vodka, rum, gin, and premium wines. The company generates 47% of sales from its home market, while the bulk of international revenues come from Europe, Australia, and Latin America. The Brown family controls over 50% of the economic interests and a 67% voting power of the company.
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