Asahi Group Holdings (Asahi Group Holdings) Inventory-to-Revenue : 0.36 (As of Dec. 2023)

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What is Asahi Group Holdings 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. Asahi Group Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $1,874 Mil. Asahi Group Holdings's Revenue for the three months ended in Dec. 2023 was $5,182 Mil. Asahi Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.36.

Asahi Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.38) to Sep. 2023 (0.36)

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. Asahi Group Holdings's Days Inventory for the three months ended in Dec. 2023 was 50.79.

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 Dec. 2023 was 1.80.

Asahi Group Holdings Inventory-to-Revenue Historical Data

The historical data trend for Asahi Group Holdings's Inventory-to-Revenue 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 Inventory-to-Revenue Chart

Asahi Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.08

0.09

Asahi Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.35	0.44	0.40	0.38	0.36

Competitive Comparison of Asahi Group Holdings's Inventory-to-Revenue

For the Beverages - Brewers subindustry, Asahi Group Holdings'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.

Asahi Group Holdings's Inventory-to-Revenue Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Asahi Group Holdings's Inventory-to-Revenue falls into.

Asahi Group Holdings Inventory-to-Revenue Calculation

Asahi Group Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (1741.61	+	1856.607)	/	2 )	/	19232.269
=	1799.1085					/	19232.269
=	0.09

Asahi Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (1892.069	+	1856.607)	/	2 )	/	5181.825
=	1874.338					/	5181.825
=	0.36

Asahi Group Holdings (OTCPK:ASBRF) 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:

More Related Terms:

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 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
	=	1874.338	/	3367.328	*	365 / 4
	=	50.79

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 Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	3367.328	/	1874.338
	=	1.80

Asahi Group Holdings Inventory-to-Revenue Related Terms

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Asahi Group Holdings (Asahi Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Asahi Group Holdings Ltd (OTCPK:ASBRF) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

2502:Japan ABW:Germany

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.