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Budweiser Brewing Co APAC (HKSE:01876) Days Inventory : 59.93 (As of Dec. 2023)


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What is Budweiser Brewing Co APAC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Budweiser Brewing Co APAC's Average Total Inventories for the three months ended in Dec. 2023 was HK$3,468 Mil. Budweiser Brewing Co APAC's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$5,279 Mil. Hence, Budweiser Brewing Co APAC's Days Inventory for the three months ended in Dec. 2023 was 59.93.

The historical rank and industry rank for Budweiser Brewing Co APAC's Days Inventory or its related term are showing as below:

HKSE:01876' s Days Inventory Range Over the Past 10 Years
Min: 49.9   Med: 52.04   Max: 106.87
Current: 106.87

During the past 7 years, Budweiser Brewing Co APAC's highest Days Inventory was 106.87. The lowest was 49.90. And the median was 52.04.

HKSE:01876's Days Inventory is ranked better than
64.39% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 160.75 vs HKSE:01876: 106.87

Budweiser Brewing Co APAC's Days Inventory increased from Sep. 2022 (42.90) to Dec. 2023 (59.93). It might indicate that Budweiser Brewing Co APAC's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Budweiser Brewing Co APAC's Inventory Turnover for the three months ended in Dec. 2023 was 1.52.

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. Budweiser Brewing Co APAC's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.34.


Budweiser Brewing Co APAC Days Inventory Historical Data

The historical data trend for Budweiser Brewing Co APAC'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.

Budweiser Brewing Co APAC Days Inventory Chart

Budweiser Brewing Co APAC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 51.07 59.56 52.71 54.21 49.90

Budweiser Brewing Co APAC Quarterly Data
Dec17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 42.90 70.57 - 47.13 59.93

Competitive Comparison of Budweiser Brewing Co APAC's Days Inventory

For the Beverages - Brewers subindustry, Budweiser Brewing Co APAC'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.


Budweiser Brewing Co APAC's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Budweiser Brewing Co APAC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Budweiser Brewing Co APAC's Days Inventory falls into.



Budweiser Brewing Co APAC Days Inventory Calculation

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

Budweiser Brewing Co APAC's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (3799.275 + 3467.551) / 2 ) / 26576.75*365
=3633.413 / 26576.75*365
=49.90

Budweiser Brewing Co APAC'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
=( (0 + 3467.551) / 1 ) / 5279.424*365 / 4
=3467.551 / 5279.424*365 / 4
=59.93

* 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.


Budweiser Brewing Co APAC  (HKSE:01876) 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.

Budweiser Brewing Co APAC'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.

Budweiser Brewing Co APAC'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.


Budweiser Brewing Co APAC Days Inventory Related Terms

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


Budweiser Brewing Co APAC (HKSE:01876) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, Suites 3012-16, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG
Budweiser Brewing Company APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent company Anheuser-Busch InBev owns close to 90% of the company's equity.Budweiser APAC's largest markets are China (roughly 80% of 2022 revenue), South Korea (12%), and India (6%). The remaining 2% comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass, and Harbin.

Budweiser Brewing Co APAC (HKSE:01876) Headlines

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