The historical rank and industry rank for Molson Coors Canada's Days Inventory or its related term are showing as below:
TSX:TPX.B'
s Days Inventory Range Over the Past 10 Years
Min: 28.66 Med: 37.69 Max: 47.28
Current: 42.7
During the past 13 years, Molson Coors Canada's highest Days Inventory was 47.28. The lowest was 28.66. And the median was 37.69.
TSX:TPX.B's Days Inventory is ranked better than 92.2% of 205
companies
in the Beverages - Alcoholic industry
Industry Median: 158.99
vs TSX:TPX.B: 42.70
Molson Coors Canada's Days Inventory
declined
from Mar. 2023 (49.31) to Mar. 2024 (46.55).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Molson Coors Canada's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.96.
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.
Molson Coors Canada's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.32.
Molson Coors Canada Days Inventory Historical Data
The historical data trend for Molson Coors Canada'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.
Competitive Comparison of Molson Coors Canada's Days Inventory
For the Beverages - Brewers subindustry, Molson Coors Canada'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.
Molson Coors Canada's Days Inventory Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Molson Coors Canada's Days Inventory distribution charts can be found below:
* The bar in red indicates where Molson Coors Canada's Days Inventory falls into.
Molson Coors Canada Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Molson Coors Canada's Days Inventory for the fiscal year 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.
Molson Coors Canada (TSX:TPX.B) 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.
Molson Coors Canada's Inventory Turnover for the
three
months ended in Mar. 2024 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.
Molson Coors Canada's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Molson Coors Canada Days Inventory Related Terms
Thank you for viewing the detailed overview of Molson Coors Canada's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Molson Coors Canada (TSX:TPX.B) Business Description
Molson Coors Canada Inc is a large global brewer and distributor of beer and other malt beverages. major brands include Coors Light, Miller Lite, Molson Canadian, Carling, Staropramen, Coors Banquet, Blue Moon, Vizzy, Leinenkugel, and Creemore. Its two segments are the Americas and EMEA&APAC segments. Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin and South America and EMEA&APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the U.K., various other European countries, and certain countries within the Middle East, Africa and Asia Pacific. Its breweries are located across the U.S., Canada, and Europe, with the majority of the company's revenue generated in Americas.
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