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BellRing Brands (BellRing Brands) Total Inventories : $188 Mil (As of Dec. 2023)


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What is BellRing Brands Total Inventories?

BellRing Brands's total inventories for the quarter that ended in Dec. 2023 was $188 Mil. BellRing Brands's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $191 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. BellRing Brands's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-5.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BellRing Brands's Days Inventory for the three months ended in Dec. 2023 was 61.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. BellRing Brands's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.48.

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. BellRing Brands's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.44.


BellRing Brands Total Inventories Historical Data

The historical data trend for BellRing Brands's Total Inventories 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.

* Premium members only.

BellRing Brands Total Inventories Chart

BellRing Brands Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial 138.20 150.50 117.90 199.80 194.30

BellRing Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 212.70 265.50 236.20 194.30 187.60

BellRing Brands Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


BellRing Brands  (NYSE:BRBR) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

BellRing Brands's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(85+0.75 * 178.6+0.5 * 187.6-1002.4
-0-0)/131.169
=-5.26

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

BellRing Brands'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
=190.95/282.4*365 / 4
=61.70

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

BellRing Brands'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 )
=282.4 / 190.95
=1.48

4. 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.

BellRing Brands'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 )
=190.95 / 430.4
=0.44

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


BellRing Brands Total Inventories Related Terms

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BellRing Brands (BellRing Brands) Business Description

Traded in Other Exchanges
Address
2503 S. Hanley Road, St. Louis, MO, USA, 63144
BellRing Brands Inc is a United States-based company engaged in providing nutrition-related products. Its brands, Premier Protein, Dymatize, and PowerBar provides various products including ready-to-drink protein shakes, powders, and nutrition bars. The company's products are distributed through a diverse network of channels including club, food, drug and mass, eCommerce, convenience and specialty.
Executives
Robert V Vitale director, officer: Executive Chairman C/O POST HOLDINGS, INC., 2503 SOUTH HANLEY ROAD, ST. LOUIS MO 63144
Elliot Jr Stein director C/ COMMONWEALTH CAPITAL PARTNERS, 444 MADISON AVE, NEW YORK NY 10022
Chonda J Nwamu director 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Thomas P Erickson director C/O BELLRING BRANDS, INC., 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Jennifer Kuperman Johnson director C/O BELLRING BRANDS, INC., 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Douglas J Cornille officer: Chief Growth Officer 1222 67TH STREET, SUITE 210, EMERYVILLE CA 94608
Craig L Rosenthal officer: SVP, GC & SECRETARY 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Robin Singh officer: SVP, OPERATIONS OF PNC 1222 67TH STREET, EMERYVILLE CA 94608
Darcy Horn Davenport director, officer: PRES. AND CEO 1222 67TH STREET, SUITE 210, EMERYVILLE CA 94608
Paul A Rode officer: CFO 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Marc S Mollere officer: SVP, INTERNATIONAL C/O BELLRING BRANDS, INC., 2503 S. HANLEY RD, ST. LOUIS MO 63144
Post Holdings, Inc. 10 percent owner 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Jeff A Zadoks director 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Diedre J Gray director C/O POST HOLDINGS, INC., 2503 SOUTH HANLEY ROAD, ST. LOUIS MO 63144
Robert L Partin officer: SVP, SALES OF PNC 1222 67TH STREET, SUITE 210, EMERYVILLE CA 94608