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Keurig Dr Pepper (Keurig Dr Pepper) Total Inventories : $1,142 Mil (As of Dec. 2023)


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What is Keurig Dr Pepper Total Inventories?

Keurig Dr Pepper's total inventories for the quarter that ended in Dec. 2023 was $1,142 Mil. Keurig Dr Pepper's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $1,245 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Keurig Dr Pepper's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-17.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Keurig Dr Pepper's Days Inventory for the three months ended in Dec. 2023 was 67.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Keurig Dr Pepper's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.35.

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. Keurig Dr Pepper's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.32.


Keurig Dr Pepper Total Inventories Historical Data

The historical data trend for Keurig Dr Pepper's Total Inventories 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.

Keurig Dr Pepper Total Inventories Chart

Keurig Dr Pepper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 654.00 762.00 894.00 1,314.00 1,142.00

Keurig Dr Pepper Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,314.00 1,391.00 1,384.00 1,348.00 1,142.00

Keurig Dr Pepper Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Keurig Dr Pepper  (NAS:KDP) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Keurig Dr Pepper's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(267+0.75 * 1368+0.5 * 1142-26454
-0-0)/1390.45
=-17.68

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

Keurig Dr Pepper's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=1245/1683*365 / 4
=67.50

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

Keurig Dr Pepper's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=1683 / 1245
=1.35

4. 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.

Keurig Dr Pepper's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1245 / 3867
=0.32

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Keurig Dr Pepper Total Inventories Related Terms

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Keurig Dr Pepper (Keurig Dr Pepper) Business Description

Traded in Other Exchanges
Address
53 South Avenue, Burlington, MA, USA, 01803
Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. The company controls production and route to market for its own brands through in-house manufacturing plants and distribution infrastructure and leverages these facilities to manufacture and distribute for third-party coffee and beverage brands via licensing and partnership agreements. U.S. and Canada make up 95% of revenues, with the rest from Mexico.
Executives
Matthew Andrew Archambault officer: President, Commercial 6425 HALL OF FAME LANE, FRISCO TX 75034
Timothy P. Cofer officer: Chief Operating Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Karin Rotem-wildeman officer: Chief R&D Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Robert S Singer director 6301 FITCH PATH, NEW ALBANY OH 43054
Anthony Shoemaker officer: Chief Legal Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Maria A. Sceppaguercio-gever officer: Chief Corp. Affairs Officer 53 SOUTH AVENUE, BURLINGTON MA 01803
Roger Frederick Johnson officer: Chief Supply Chain Officer 53 SOUTH AVENUE, BURLINGTON MA 01803
Sudhanshu Shekhar Priyadarshi officer: Chief Financial Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Mondelez International, Inc. director 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607
Robert James Gamgort director, officer: CEO & President KEURIG DR PEPPER INC., 6425 HALL OF FAME LANE, FRISCO TX 75034
Larry D Young director, officer: President & CEO 5301 LEGACY DRIVE, PLANO TX 75024
Oray Boston director 6425 HALL OF FAME LANE, FRISCO TX 75034
Maurice Anthony Milikin officer: Chief Supply Chain Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Georgios Lagoudakis officer: Interim CFO 6425 HALL OF FAME LANE, FRISCO TX 75034
Justin Whitmore officer: Chief Strategy Officer 6425 HALL OF FAME LANE, FRISCO TX 75034

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