Molson Coors Beverage Co (Molson Coors Beverage Co) Change In Inventory

: $0 Mil (TTM As of Dec. 2023)

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Molson Coors Beverage Co's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Molson Coors Beverage Co's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Molson Coors Beverage Co's change in inventory for the fiscal year that ended in Dec. 2023 was $22 Mil. It means Molson Coors Beverage Co's inventory declined by $22 Mil from Dec. 2022 to Dec. 2023 .

Molson Coors Beverage Co's Total Inventories for the quarter that ended in Dec. 2023 was $802 Mil.

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 quarter that 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.

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 quarter that ended in Dec. 2023 was 0.30.

Molson Coors Beverage Co Change In Inventory Historical Data

The historical data trend for Molson Coors Beverage 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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Molson Coors Beverage Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-17.70

-46.20

-143.90

-64.60

21.70

Molson Coors Beverage Co 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																-	-	-	-	-

Molson Coors Beverage 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 quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Molson Coors Beverage Co (NYSE:TAP) Change In Inventory Explanation

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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	827.45	/	1757.8	*	365 / 4
	=	42.95

2. 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 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1757.8	/	827.45
	=	2.12

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.

Molson Coors Beverage Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	827.45	/	2790.8
	=	0.30

Molson Coors Beverage Co Change In Inventory Related Terms

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Molson Coors Beverage Co (Molson Coors Beverage Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Molson Coors Beverage Co (NYSE:TAP) » Definitions » Change In Inventory

Traded in Other Exchanges

TAP.A:USA NY70:Germany NY7:Germany NY7:Germany

Address

NH353, P.O. Box 4030, Golden, CO, USA, 80401

Website

https://www.molsoncoors.com

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.

Executives

Winnefeld James A Jr	director	870 WINTER STREET, WALTHAM MA 02451
Natalie G. Maciolek	officer: Chief Legal & Govt Affairs Off	3939 W HIGHLAND BLVD, MILWAUKEE WI 53208
Geoffrey E. Molson	director	1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Williams Leroy James Jr	director	10 LONGS PEAK DRIVE, BROOMFIELD CO 80021-2510
Anne-marie W D'angelo	officer: Chief Legal & Govt Affairs Off	801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Louis Vachon	director	1155 METCALFE STREET, MONTREAL QUEBEC CANADA E6 0000
Julia M Brown	director	C/O ABLE BRANDS CO., 30 HUDSON YARDS, NEW YORK NY 10001
Simon Cox	officer: Pres&CEO, Molson Coors Europe	1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Roxanne Stelter	officer: VP,Controller & Chf Acct Off	3939 W HIGHLAND BLVD, MILWAUKEE WI 53208
Andrew Thomas Molson	director	1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
David S. Coors	director	P.O. BOX 4030, NH353, GOLDEN CO 80401
Nessa O'sullivan	director	P.O. BOX 4030, NH353, GOLDEN CO 80401
Peter H Coors	director, other: Chairman of the Board	1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Peter John Marino	officer: President of Emerging Growth	250 SOUTH WACKER DRIVE, CHICAGO IL 60606
Jacques Michelle St.	officer: Chief Marketing Officer	250 SOUTH WACKER DRIVE, CHICAGO IL 60606