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Splash Beverage Group (Splash Beverage Group) Change In Inventory : $1.47 Mil (TTM As of Dec. 2023)


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What is Splash Beverage Group Change In Inventory?

Splash Beverage Group's change in inventory for the quarter that ended in Dec. 2023 was $0.66 Mil. It means Splash Beverage Group's inventory declined by $0.66 Mil from Sep. 2023 to Dec. 2023 .

Splash Beverage Group's change in inventory for the fiscal year that ended in Dec. 2023 was $1.47 Mil. It means Splash Beverage Group's inventory declined by $1.47 Mil from Dec. 2022 to Dec. 2023 .

Splash Beverage Group's Total Inventories for the quarter that ended in Dec. 2023 was $2.25 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Splash Beverage Group's Days Inventory for the quarter that ended in Dec. 2023 was 120.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Splash Beverage Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.76.

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. Splash Beverage Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.96.


Splash Beverage Group Change In Inventory Historical Data

The historical data trend for Splash Beverage Group'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.

* Premium members only.

Splash Beverage Group Change In Inventory Chart

Splash Beverage Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.22 -1.13 -1.80 1.47

Splash Beverage Group 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 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 -0.14 0.58 -0.30 0.54 0.66

Splash Beverage Group 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 $1.47 Mil.

* 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.


Splash Beverage Group  (AMEX:SBEV) Change In Inventory Explanation

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

Splash Beverage Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2.5795/1.955*365 / 4
=120.40

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

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

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.

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

* 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.


Splash Beverage Group Change In Inventory Related Terms

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Splash Beverage Group (Splash Beverage Group) Business Description

Traded in Other Exchanges
N/A
Address
1314 East Las Olas Boulevard, Suite 221, Fort Lauderdale, FL, USA, 33301
Splash Beverage Group Inc is a portfolio company managing multiple brands across several growth segments within the consumer beverage industry. SBG operates in both the non-alcoholic and alcoholic beverage segments. The company's operations have its own vertically integrated B-to-B and B-to-C e-commerce distribution platform called Qplash, further expanding its distribution abilities and visibility. Its brands include TapouT and Salt Tequila. The company operates in two segments: Splash Beverage Group and E-Commerce.
Executives
Frederick William Caple director 853 VANDERBILT BEACH RD., #218, NAPLES FL 34108
Robert Nistico director, officer: CEO, President and Chairman 1314 E. LAS OLAS BLVD, SUITE #221, FT LAUDERDALE FL 33301
Ronald Charles Wall officer: Chief Financial Officer 1453 BISCAYA DRIVE, SURFSIDE FL 33154
William R. Meissner officer: President and CMO C/O JONES SODA CO., 234 9TH AVENUE NORTH, SEATTLE WA 98109
Fatima Dhalla officer: Interim CFO 1010 PALM AVE, #302, WEST HOLLYWOOD CA 90069
Candace Crawford director 1314 EAST LS OLAS BLVD, SUITE 221, FORT LAUDERDALE FL 33301
Peter J Mcdonough director 405 PARK AVENUE, NEW YORK NY 10022
Dean Scott Huge officer: Chief Financial Officer 2817 NE 32ND STREET, #201, FORT LAUDERDALE FL 33306
Justin W Yorke director, 10 percent owner, officer: Secretary C/O JMG EXPLORATION, 180 SOUTH LAKE AVENUE, PASADENA CA 91101
Michael Thomas Long director 1603 PASEO CARMEL, SAN DIMAS CA 91773
John Matthias Lepo director 927 15TH STREET, SUITE #1, SANTA MONICA CA 90403
Heather Kearns officer: Chief Executive Officer 4704 SONADO PL, PARKER CO 80134
Michael J. West director, 10 percent owner, officer: President and CEO 16325 EAST DORADO AVE., CENTENNIAL CO 80111
Wesbev Llc 10 percent owner 4 RICHLAND PLACE, PASADENA CA 91103
Stephen H. West director, officer: CFO and Secretary 16325 EAST DORADO AVE., CENTENNIAL CO 80111