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United Breweries (BOM:532478) Days Inventory : 131.17 (As of Dec. 2023)


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What is United Breweries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). United Breweries's Average Total Inventories for the three months ended in Dec. 2023 was ₹14,642 Mil. United Breweries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹10,186 Mil. Hence, United Breweries's Days Inventory for the three months ended in Dec. 2023 was 131.17.

The historical rank and industry rank for United Breweries's Days Inventory or its related term are showing as below:

BOM:532478' s Days Inventory Range Over the Past 10 Years
Min: 97.39   Med: 107.07   Max: 193.01
Current: 106

During the past 13 years, United Breweries's highest Days Inventory was 193.01. The lowest was 97.39. And the median was 107.07.

BOM:532478's Days Inventory is ranked better than
65.37% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 160.75 vs BOM:532478: 106.00

United Breweries's Days Inventory increased from Dec. 2022 (113.85) to Dec. 2023 (131.17). It might indicate that United Breweries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Breweries's Inventory Turnover for the three months ended in Dec. 2023 was 0.70.

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. United Breweries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.80.


United Breweries Days Inventory Historical Data

The historical data trend for United Breweries's Days 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.

United Breweries Days Inventory Chart

United Breweries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.95 118.08 193.01 124.45 97.39

United Breweries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days 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 113.85 104.64 96.60 127.77 131.17

Competitive Comparison of United Breweries's Days Inventory

For the Beverages - Brewers subindustry, United Breweries's Days Inventory, along with its competitors' market caps and Days Inventory 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.


United Breweries's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, United Breweries's Days Inventory distribution charts can be found below:

* The bar in red indicates where United Breweries's Days Inventory falls into.



United Breweries Days Inventory Calculation

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

United Breweries's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (9358.1 + 14278.1) / 2 ) / 44292.2*365
=11818.1 / 44292.2*365
=97.39

United Breweries's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (14641.8 + 0) / 1 ) / 10186.1*365 / 4
=14641.8 / 10186.1*365 / 4
=131.17

* 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.


United Breweries  (BOM:532478) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

United Breweries's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. 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.

United Breweries's Inventory to Revenue for the three months 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


United Breweries Days Inventory Related Terms

Thank you for viewing the detailed overview of United Breweries's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


United Breweries (BOM:532478) Business Description

Traded in Other Exchanges
Address
No. 24 Vittal Mallya Road, UB Tower, UB City, Bengaluru, KA, IND, 560 001
United Breweries Ltd brews and sells beer and flavored malt beverages in India. The company has dozens of production facilities in India, and it licenses its brands to be manufactured in the United Kingdom, Australia, and New Zealand for sale worldwide. The company's flagship brand is Kingfisher, which is prominent in India and is sold in dozens of countries around the world. It has two segments Beer and Non-alcoholic beverages. It derives the majority of its revenue from the Beer segment. The company's other brands include Bullet, Cannon 10000, Kalyani, UB Export, Zingaroo, and London Pilsner. United Breweries also sells the Heineken brand in India.

United Breweries (BOM:532478) Headlines

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