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CABGY (Carlsberg AS) Days Inventory : 58.51 (As of Dec. 2024)


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What is Carlsberg AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Carlsberg AS's Average Total Inventories for the six months ended in Dec. 2024 was $888 Mil. Carlsberg AS's Cost of Goods Sold for the six months ended in Dec. 2024 was $2,771 Mil. Hence, Carlsberg AS's Days Inventory for the six months ended in Dec. 2024 was 58.51.

The historical rank and industry rank for Carlsberg AS's Days Inventory or its related term are showing as below:

CABGY' s Days Inventory Range Over the Past 10 Years
Min: 44.28   Med: 51.02   Max: 57.91
Current: 54.86

During the past 13 years, Carlsberg AS's highest Days Inventory was 57.91. The lowest was 44.28. And the median was 51.02.

CABGY's Days Inventory is ranked better than
85.15% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 151.59 vs CABGY: 54.86

Carlsberg AS's Days Inventory increased from Dec. 2023 (57.36) to Dec. 2024 (58.51). It might indicate that Carlsberg AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Carlsberg AS's Inventory Turnover for the six months ended in Dec. 2024 was 3.12.

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. Carlsberg AS's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.17.


Carlsberg AS Days Inventory Historical Data

The historical data trend for Carlsberg AS'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.

Carlsberg AS Days Inventory Chart

Carlsberg AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.03 59.94 54.81 50.94 53.94

Carlsberg AS Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Inventory 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 54.21 53.67 57.36 54.41 58.51

Competitive Comparison of Carlsberg AS's Days Inventory

For the Beverages - Brewers subindustry, Carlsberg AS'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.


Carlsberg AS's Days Inventory Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Carlsberg AS's Days Inventory falls into.


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Carlsberg AS Days Inventory Calculation

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

Carlsberg AS's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (850.208 + 835.849) / 2 ) / 5704.918*365
=843.0285 / 5704.918*365
=53.94

Carlsberg AS's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (940.493 + 835.849) / 2 ) / 2770.531*365 / 2
=888.171 / 2770.531*365 / 2
=58.51

* 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.


Carlsberg AS  (OTCPK:CABGY) 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.

Carlsberg AS's Inventory Turnover for the six months ended in Dec. 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.

Carlsberg AS's Inventory to Revenue for the six months ended in Dec. 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.


Carlsberg AS Days Inventory Related Terms

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


Carlsberg AS Business Description

Address
J.C. Jacobsens Gade 1, Copenhagen, DNK, 1799
Carlsberg is the third-largest brewer in the world after Anheuser-Busch InBev and Heineken. It holds leading share in Scandinavia, western China, and several other markets in Asia. Its key brands include Carlsberg, 1664, Tuborg, Holsten, and Somersby. The company's 2024 beverage volume was split among Western Europe (34%), Eastern Europe and India (30%), and Asia (36%).

Carlsberg AS Headlines

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