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.B'
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.B's Days Inventory is ranked worse than 79.41% of 204
companies
in the Beverages - Alcoholic industry
Industry Median: 160.5
vs BF.B: 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.
Competitive Comparison of Brown-Forman's Days Inventory
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's Days Inventory Distribution in the Beverages - Alcoholic Industry
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.B) 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BF.B has been successfully added to your 