Beyond Meat (STU:0Q3) Change In Inventory : €97.8 Mil (TTM As of Dec. 2023)

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What is Beyond Meat Change In Inventory?

Beyond Meat's change in inventory for the quarter that ended in Dec. 2023 was €60.2 Mil. It means Beyond Meat's inventory declined by €60.2 Mil from Sep. 2023 to Dec. 2023 .

Beyond Meat's change in inventory for the fiscal year that ended in Dec. 2023 was €97.3 Mil. It means Beyond Meat's inventory declined by €97.3 Mil from Dec. 2022 to Dec. 2023 .

Beyond Meat's Total Inventories for the quarter that ended in Dec. 2023 was €119.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beyond Meat's Days Inventory for the quarter that ended in Dec. 2023 was 95.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beyond Meat's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.96.

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. Beyond Meat's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.23.

Beyond Meat Change In Inventory Historical Data

The historical data trend for Beyond Meat'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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Beyond Meat Change In Inventory Chart

Beyond Meat Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-46.21

-31.95

-108.56

2.43

97.28

Beyond Meat Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															14.14	12.87	14.03	10.77	60.17

Beyond Meat 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 quarterly data reported by the company within the most recent 12 months, which was €97.8 Mil.

Beyond Meat (STU:0Q3) Change In Inventory Explanation

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

Beyond Meat's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	150.915	/	144.463	*	365 / 4
	=	95.33

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

Beyond Meat's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	144.463	/	150.915
	=	0.96

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.

Beyond Meat's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	150.915	/	67.564
	=	2.23

Beyond Meat Change In Inventory Related Terms

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Beyond Meat (STU:0Q3) Business Description

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Address

119 Standard Street, El Segundo, CA, USA, 90245

Website

https://www.beyondmeat.com

Beyond Meat Inc is a provider of plant-based meats, such as burgers, sausage, ground beef, and chicken. Unlike other vegetarian products, Beyond Meat seeks to replicate the look, cook, and taste of meat targeted to omnivores and vegetarians alike and is sold in the meat case. The products are widely available across the U.S. and Canada and in 83 additional countries as well. International revenue represented 31% of 2021 sales. The firm's products are available in retail stores and the food service channel. In 2019, before the pandemic struck, sales were evenly split between these two channels, although the mix stood at 70% retail/30% food service in 2021. We think the recovery from the crisis and new deals with McDonald's and Yum Brands will return food-service sales to 50% in time.

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