China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

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What is China Resources Beer (Holdings) Co Change In Inventory?

China Resources Beer (Holdings) Co's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means China Resources Beer (Holdings) Co's inventory stayed the same from Jun. 2023 to Dec. 2023 .

China Resources Beer (Holdings) Co's change in inventory for the fiscal year that ended in Dec. 2023 was $-31 Mil. It means China Resources Beer (Holdings) Co's inventory increased by $31 Mil from Dec. 2022 to Dec. 2023 .

China Resources Beer (Holdings) Co's Total Inventories for the quarter that ended in Dec. 2023 was $1,331 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Resources Beer (Holdings) Co's Days Inventory for the quarter that ended in Dec. 2023 was 170.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Resources Beer (Holdings) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.07.

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. China Resources Beer (Holdings) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.62.

China Resources Beer (Holdings) Co Change In Inventory Historical Data

The historical data trend for China Resources Beer (Holdings) Co's Change In 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.

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China Resources Beer (Holdings) Co Change In Inventory Chart

China Resources Beer (Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-121.05

-59.18

-132.51

-172.56

-31.37

China Resources Beer (Holdings) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

China Resources Beer (Holdings) Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

China Resources Beer (Holdings) Co (OTCPK:CRHKF) Change In Inventory Explanation

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

China Resources Beer (Holdings) Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1300.319	/	1393.379	*	365 / 2
	=	170.31

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

China Resources Beer (Holdings) Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1393.379	/	1300.319
	=	1.07

3. 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.

China Resources Beer (Holdings) Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1300.319	/	2109.325
	=	0.62

China Resources Beer (Holdings) Co Change In Inventory Related Terms

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China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » China Resources Beer (Holdings) Co Ltd (OTCPK:CRHKF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

CRHKY:USA 00291:Hong Kong CHK:Germany

Address

No. 26 Harbour Road, Room 2301 and 2310, 23rd Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crbeer.com.hk

China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company retains its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 24%, versus 18% of Tsingtao and 16% of Budweiser APAC, based on Euromonitor data.

China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Headlines

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