Heineken NV (Heineken NV) Inventory-to-Revenue

: 0.26 (As of Dec. 2023)

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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. Heineken NV's Average Total Inventories for the quarter that ended in Dec. 2023 was $4,396 Mil. Heineken NV's Revenue for the six months ended in Dec. 2023 was $17,272 Mil. Heineken NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.26.

Heineken NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.26) to Jun. 2023 (0.26)

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. Heineken NV's Days Inventory for the six months ended in Dec. 2023 was 70.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Heineken NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.57.

Heineken NV Inventory-to-Revenue Historical Data

The historical data trend for Heineken NV'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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Heineken NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

0.09

0.10

0.11

Heineken NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue																0.21	0.21	0.21	0.26	0.26

Competitive Comparison

For the Beverages - Brewers subindustry, Heineken NV'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.

Heineken NV Inventory-to-Revenue Distribution

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

* The bar in red indicates where Heineken NV's Inventory-to-Revenue falls into.

Heineken NV Inventory-to-Revenue Calculation

Heineken NV'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 )
=	( (3442.797	+	4057.797)	/	2 )	/	33110.142
=	3750.297					/	33110.142
=	0.11

Heineken NV'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (4734.561	+	4057.797)	/	2 )	/	17271.538
=	4396.179					/	17271.538
=	0.25

Heineken NV (OTCPK:HEINY) 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.

Heineken NV's Days Inventory for the six 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
	=	4396.179	/	11311.887	*	365 / 2
	=	70.93

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

Heineken NV'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 )
	=	11311.887	/	4396.179
	=	2.57

Heineken NV Inventory-to-Revenue Related Terms

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Heineken NV (Heineken NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Heineken NV (OTCPK:HEINY) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

HINKF:USA HEIA:Netherlands HEIA:Mexico HEIAa:UK 0O26:UK HNK1:Germany HEIA:Austria

Address

Tweede Weteringplantsoen 21, P.O. Box 28, Amsterdam, NH, NLD, 1000 AA

Website

https://www.theheinekencompany.com

Heineken sold 257 million hectolitres of beer in 2022, and is the world's second-largest brewer behind Anheuser-Busch InBev. It has the leading position in many European markets, including the Netherlands, Austria, Greece, and Italy. Its flagship brand, Heineken, is the world's leading international premium lager by volume and has spawned several brand extensions including Heineken 0.0 and Heineken Silver. Heineken is the world's biggest cider producer, and its portfolio also includes brands in the nonalcoholic, Belgian, and craft beer categories.