Budweiser Brewing Co APAC (Budweiser Brewing Co APAC) Inventory Turnover : 1.52 (As of Dec. 2023)

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What is Budweiser Brewing Co APAC Inventory Turnover?

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. Budweiser Brewing Co APAC's Cost of Goods Sold for the three months ended in Dec. 2023 was $676 Mil. Budweiser Brewing Co APAC's Average Total Inventories for the quarter that ended in Dec. 2023 was $444 Mil. Budweiser Brewing Co APAC's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Budweiser Brewing Co APAC's Days Inventory for the three months ended in Dec. 2023 was 59.93.

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. Budweiser Brewing Co APAC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.34.

Budweiser Brewing Co APAC Inventory Turnover Historical Data

The historical data trend for Budweiser Brewing Co APAC's Inventory Turnover 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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Budweiser Brewing Co APAC Inventory Turnover Chart

Budweiser Brewing Co APAC Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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7.15

6.15

6.90

6.74

7.30

Budweiser Brewing Co APAC Quarterly Data
	Dec17	Mar18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial														1.29	-	1.94	1.52	1.80

Budweiser Brewing Co APAC Inventory Turnover Calculation

Budweiser Brewing Co APAC's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	3403	/ (	(488	+	444)	/	2 )
=	3403	/	466
=	7.30

Budweiser Brewing Co APAC's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	676	/ (	(0	+	444)	/	1 )
=	676	/	444
=	1.52

Budweiser Brewing Co APAC (OTCPK:BDWBF) 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.

Budweiser Brewing Co APAC'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
	=	444	/	676	*	365 / 4
	=	59.93

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.

Budweiser Brewing Co APAC'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 )
	=	444	/	1293
	=	0.34

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.

Budweiser Brewing Co APAC Inventory Turnover Related Terms

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Budweiser Brewing Co APAC (Budweiser Brewing Co APAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Budweiser Brewing Co APAC Ltd (OTCPK:BDWBF) » Definitions » Inventory Turnover

Traded in Other Exchanges

BDWBY:USA 01876:Hong Kong 4BB:Germany

Address

1 Matheson Street, Suites 3012-16, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.budweiserapac.com

Budweiser Brewing Company APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent company Anheuser-Busch InBev owns close to 90% of the company's equity.Budweiser APAC's largest markets are China (roughly 80% of 2022 revenue), South Korea (12%), and India (6%). The remaining 2% comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass, and Harbin.