Heineken Holding NV (Heineken Holding NV) Days Inventory : 70.93 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Heineken Holding NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Heineken Holding NV's Average Total Inventories for the six months ended in Dec. 2023 was $4,396 Mil. Heineken Holding NV's Cost of Goods Sold for the six months ended in Dec. 2023 was $11,312 Mil. Hence, Heineken Holding NV's Days Inventory for the six months ended in Dec. 2023 was 70.93.

The historical rank and industry rank for Heineken Holding NV's Days Inventory or its related term are showing as below:

HKHHF' s Days Inventory Range Over the Past 10 Years
Min: 46.6 Med: 50.18 Max: 68.73
Current: 68.73

During the past 13 years, Heineken Holding NV's highest Days Inventory was 68.73. The lowest was 46.60. And the median was 50.18.

HKHHF's Days Inventory is ranked better than
79.9% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 160.075 vs HKHHF: 68.73

Heineken Holding NV's Days Inventory increased from Dec. 2022 (58.05) to Dec. 2023 (70.93). It might indicate that Heineken Holding NV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Heineken Holding NV's Inventory Turnover for the six months ended in Dec. 2023 was 2.57.

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. Heineken Holding NV's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.25.

Heineken Holding NV Days Inventory Historical Data

The historical data trend for Heineken Holding NV'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.

* Premium members only.

Heineken Holding NV Days Inventory Chart

Heineken Holding NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

52.26

58.33

61.30

57.35

62.52

Heineken Holding NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															59.58	61.14	58.05	70.97	70.93

Competitive Comparison of Heineken Holding NV's Days Inventory

For the Beverages - Brewers subindustry, Heineken Holding NV'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.

Heineken Holding NV's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken Holding NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Heineken Holding NV's Days Inventory falls into.

Heineken Holding NV Days Inventory Calculation

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

Heineken Holding NV's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (3442.797	+	4057.797)	/	2 )	/	21894.221	*	365
=	3750.297					/	21894.221	*	365
=	62.52

Heineken Holding NV's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4734.561	+	4057.797)	/	2 )	/	11311.887	*	365 / 2
=	4396.179					/	11311.887	*	365 / 2
=	70.93

Heineken Holding NV (OTCPK:HKHHF) 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.

Heineken Holding NV's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11311.887	/	4396.179
	=	2.57

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.

Heineken Holding NV's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4396.179	/	17271.538
	=	0.25

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.

Heineken Holding NV Days Inventory Related Terms

Thank you for viewing the detailed overview of Heineken Holding NV's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Heineken Holding NV (Heineken Holding NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Heineken Holding NV (OTCPK:HKHHF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

HKHHY:USA HEIO:Netherlands HEIOa:UK 0NBD:UK 4H50:Germany HEIO:Austria

Address

Tweede Weteringplantsoen 5, Amsterdam, NH, NLD, 1017 ZD

Website

https://www.heinekenholding.com

Heineken Holding NV holds more than 50% of Heineken NV's issued shares. It does not engage in operational activities and generates income almost exclusively by receiving Heineken dividends. Heineken Holding NV has five segments: Europe, Americas, Africa, Middle East & Eastern Europe, and Asia-Pacific. Heineken NV brews and sells more than 200 brands of beer in nearly 200 countries. Notable brands include Heineken, Amstel, Dos Equis, Tecate, Goldberg, Red Stripe, Legunitas, and Tiger. Close to half of Heineken NV's revenue comes from Europe, and nearly one third of its revenue comes from the Americas. The remaining revenue is split among the Asia-Pacific, Africa, and Middle East and Eastern Europe regions.