Ambev (ABEV) Change In Inventory : $271 Mil (TTM As of Dec. 2023)

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What is Ambev Change In Inventory?

Ambev's change in inventory for the quarter that ended in Dec. 2023 was $95 Mil. It means Ambev's inventory declined by $95 Mil from Sep. 2023 to Dec. 2023 .

Ambev's change in inventory for the fiscal year that ended in Dec. 2023 was $266 Mil. It means Ambev's inventory declined by $266 Mil from Dec. 2022 to Dec. 2023 .

Ambev's Total Inventories for the quarter that ended in Dec. 2023 was $1,853 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ambev's Days Inventory for the quarter that ended in Dec. 2023 was 97.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ambev's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.94.

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. Ambev's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.50.

Ambev Change In Inventory Historical Data

The historical data trend for Ambev's Change In 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.

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Ambev Change In Inventory Chart

Ambev Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-205.65

-253.35

-618.84

-588.71

265.50

Ambev Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-162.32	-95.31	68.78	201.78	95.30

Ambev Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $271 Mil.

Ambev (NYSE:ABEV) Change In Inventory Explanation

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

Ambev's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2022.004	/	1898.3	*	365 / 4
	=	97.20

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

Ambev's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1898.3	/	2022.004
	=	0.94

3. 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.

Ambev's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2022.004	/	4079.611
	=	0.50

Ambev Change In Inventory Related Terms

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Ambev (ABEV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Ambev SA (NYSE:ABEV) » Definitions » Change In Inventory

Traded in Other Exchanges

ABEV:Mexico AMNA:Germany ABEV3:Brazil ABEV:Argentina

Address

Rua Doutor Renato Paes de Barros, 1017, 3rd Floor, Sao Paulo, SP, BRA, 04530-001

Website

https://www.ambev.com.br

Ambev is the largest brewer in Latin America and the Caribbean and is Anheuser-Busch InBev's subsidiary in the region. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries and owns Argentina's largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil's two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving Interbrew (now AB InBev) a controlling interest of 61.8% as at the end of 2022.