What is Molson Coors Beverage Co Inventory-to-Revenue?
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. Molson Coors Beverage Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $827 Mil. Molson Coors Beverage Co's Revenue for the
three
months ended in Dec. 2023 was $2,791 Mil.
Molson Coors Beverage Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.30.
Molson Coors Beverage Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.26) to Sep. 2023 (0.30)
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Molson Coors Beverage Co's Days Inventory for the
three
months ended in Dec. 2023 was 42.95.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Molson Coors Beverage Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.12.
Molson Coors Beverage Co Inventory-to-Revenue Historical Data
The historical data trend for Molson Coors Beverage Co's Inventory-to-Revenue 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.
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Molson Coors Beverage Co Inventory-to-Revenue Chart
Competitive Comparison of Molson Coors Beverage Co's Inventory-to-Revenue
For the Beverages - Brewers subindustry, Molson Coors Beverage Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
Molson Coors Beverage Co's Inventory-to-Revenue Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Molson Coors Beverage Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Molson Coors Beverage Co's Inventory-to-Revenue falls into.
Molson Coors Beverage Co Inventory-to-Revenue Calculation
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.
Molson Coors Beverage Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 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.
Molson Coors Beverage Co (NYSE:TAP) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Molson Coors Beverage Co's Days Inventory for the
three
months ended in Dec. 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.
Molson Coors Beverage Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Molson Coors Beverage Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Molson Coors Beverage Co (Molson Coors Beverage Co) Business Description
Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling, and ranks as the second largest beer maker in both value and volume terms in the U.S., Canada, and the United Kingdom. Through licensing agreements, it also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The company uses independent distributors in the U.S. given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market contributing over 80% of total revenue.
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