What is China Resources Beer (Holdings) Co Inventory-to-Revenue?
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. China Resources Beer (Holdings) Co's Average Total Inventories for the quarter that ended in Jun. 2024 was €1,187 Mil. China Resources Beer (Holdings) Co's Revenue for the
six
months ended in Jun. 2024 was €3,041 Mil.
China Resources Beer (Holdings) Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.39.
China Resources Beer (Holdings) Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024
declined
from Dec. 2023 (0.62) to Dec. 2023 (0.39)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
China Resources Beer (Holdings) Co's Days Inventory for the
six
months ended in Jun. 2024 was 134.25.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Resources Beer (Holdings) Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.36.
China Resources Beer (Holdings) Co Inventory-to-Revenue Historical Data
* 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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China Resources Beer (Holdings) Co Inventory-to-Revenue Chart
Competitive Comparison of China Resources Beer (Holdings) Co's Inventory-to-Revenue
For the Beverages - Brewers subindustry, China Resources Beer (Holdings) Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
China Resources Beer (Holdings) Co's Inventory-to-Revenue Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, China Resources Beer (Holdings) Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where China Resources Beer (Holdings) Co's Inventory-to-Revenue falls into.
China Resources Beer (Holdings) Co Inventory-to-Revenue Calculation
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.
* 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.
China Resources Beer (Holdings) Co (FRA:CHK) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
China Resources Beer (Holdings) Co's Days Inventory for the
six
months ended in Jun. 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.
China Resources Beer (Holdings) Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of China Resources Beer (Holdings) Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
China Resources Beer (Holdings) Co Business Description
China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company retains its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 26%, versus 15% of Tsingtao and 19% of Budweiser APAC, based on Euromonitor data.
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