Asahi Group Holdings (STU:ABW) Change In Inventory : €-56 Mil (TTM As of Mar. 2024)

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What is Asahi Group Holdings Change In Inventory?

Asahi Group Holdings's change in inventory for the quarter that ended in Mar. 2024 was €-56 Mil. It means Asahi Group Holdings's inventory increased by €56 Mil from Dec. 2023 to Mar. 2024 .

Asahi Group Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was €-156 Mil. It means Asahi Group Holdings's inventory increased by €156 Mil from Dec. 2022 to Dec. 2023 .

Asahi Group Holdings's Total Inventories for the quarter that ended in Mar. 2024 was €1,723 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asahi Group Holdings's Days Inventory for the quarter that ended in Mar. 2024 was 63.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asahi Group Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.43.

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. Asahi Group Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.45.

Asahi Group Holdings Change In Inventory Historical Data

The historical data trend for Asahi Group Holdings'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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Asahi Group Holdings Change In Inventory Chart

Asahi Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-88.45

26.18

-113.24

-195.62

-155.70

Asahi Group Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-174.78	-108.78	32.92	76.62	-56.38

Asahi Group Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-56 Mil.

Asahi Group Holdings (STU:ABW) Change In Inventory Explanation

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

Asahi Group Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1712.6735	/	2454.277	*	365 / 4
	=	63.68

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

Asahi Group Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2454.277	/	1712.6735
	=	1.43

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.

Asahi Group Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1712.6735	/	3786.478
	=	0.45

Asahi Group Holdings Change In Inventory Related Terms

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Asahi Group Holdings (STU:ABW) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Asahi Group Holdings Ltd (STU:ABW) » Definitions » Change In Inventory

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ASBRF:USA 2502:Japan

Address

1-23-1, Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602

Website

http://www.asahigroup-holdings.com

Asahi is a leading brewer in Japan with an estimated 36.5% market share by volume in Japan's beer and beer-like market, led by its Asahi Super Dry beer brand. It also operates a wide range of acholic and soft beverage products as well as packaged foods, mainly in Japan. It has made inroads into Europe through acquisitions of SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017. The acquisition of Carlton United Breweries has granted Asahi the leading market share in Australia's beer market with Great Northern the leading brand. East Asia including China and Southeast Asia are the other overseas markets where Asahi is growing. Overseas business represents nearly half of the group sales and 60% of business profits.

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