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Heineken Holding NV Inventory Turnover

: 2.75 (As of Jun. 2020)
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Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Heineken Holding NV's Cost of Goods Sold for the six months ended in Jun. 2020 was $6,720 Mil. Heineken Holding NV's Total Inventories for the quarter that ended in Jun. 2020 was $2,447 Mil. Heineken Holding NV's Inventory Turnover for the quarter that ended in Jun. 2020 was 2.75.

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 six months ended in Jun. 2020 was 66.47.

Total Inventories can be measured by Days Sales of Inventory (DSI). Heineken Holding NV's days sales of inventory (DSI) for the six months ended in Jun. 2020 was 42.91.

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 quarter that ended in Jun. 2020 was 0.24.


Heineken Holding NV Inventory Turnover Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Heineken Holding NV Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Inventory Turnover Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.28 7.70 8.15 7.36 6.98

Heineken Holding NV Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Inventory Turnover 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 Premium Member Only Premium Member Only Premium Member Only 3.49 3.63 3.36 3.33 2.75

Heineken Holding NV Inventory Turnover Calculation

Heineken Holding NV's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Inventory Turnover (A: Dec. 2019 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (A: Dec. 2019 ) / ((Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count )
=16213.333333333 / ((2184.3003412969 + 2458.8888888889) / 2 )
=16213.333333333 / 2321.5946150929
=6.98

Heineken Holding NV's Inventory Turnover for the quarter that ended in Jun. 2020 is calculated as

Inventory Turnover (Q: Jun. 2020 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (Q: Jun. 2020 ) / ((Total Inventories (Q: Dec. 2019 ) + Total Inventories (Q: Jun. 2020 )) / count )
=6719.5945945946 / ((2458.8888888889 + 2435.8108108108) / 2 )
=6719.5945945946 / 2447.3498498498
=2.75

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Heineken Holding NV  (OTCPK:HKHHF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 six months ended in Jun. 2020 is calculated as:

Days Inventory =Total Inventories (Q: Jun. 2020 )/Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=2447.3498498498/6719.5945945946*365 / 2
=66.47

2. Total Inventories can be measured by Days Sales of Inventory (DSI).

Heineken Holding NV's Days Sales of Inventory for the six months ended in Jun. 2020 is calculated as:

Days Sales of Inventory (DSI)=Total Inventories (Q: Jun. 2020 )/Revenue (Q: Jun. 2020 )*Days in Period
=2447.3498498498/10408.783783784*365 / 2
=42.91

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.

Heineken Holding NV's Inventory to Revenue for the quarter that ended in Jun. 2020 is calculated as

Inventory-to-Revenue=Total Inventories (Q: Jun. 2020 ) / Revenue (Q: Jun. 2020 )
=2447.3498498498 / 10408.783783784
=0.24

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


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