Brewbilt Brewing Co (Brewbilt Brewing Co) Inventory Turnover : 4.23 (As of Mar. 2024)

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What is Brewbilt Brewing Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Brewbilt Brewing Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.24 Mil. Brewbilt Brewing Co's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.06 Mil. Brewbilt Brewing Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Brewbilt Brewing Co's Days Inventory for the three months ended in Mar. 2024 was 21.55.

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. Brewbilt Brewing Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.16.

Brewbilt Brewing Co Inventory Turnover Historical Data

The historical data trend for Brewbilt Brewing Co's Inventory Turnover 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.

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Brewbilt Brewing Co Inventory Turnover Chart

Brewbilt Brewing Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.00

2.00

1.38

9.26

13.00

Brewbilt Brewing Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															3.82	3.59	3.12	3.59	4.23

Brewbilt Brewing Co Inventory Turnover Calculation

Brewbilt Brewing Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	0.507	/ (	(0.026	+	0.052)	/	2 )
=	0.507	/	0.039
=	13.00

Brewbilt Brewing Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.235	/ (	(0.052	+	0.059)	/	2 )
=	0.235	/	0.0555
=	4.23

Brewbilt Brewing Co (OTCPK:BRBL) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Brewbilt Brewing Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0.0555	/	0.235	*	365 / 4
	=	21.55

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.

Brewbilt Brewing Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0.0555	/	0.341
	=	0.16

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Brewbilt Brewing Co Inventory Turnover Related Terms

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Brewbilt Brewing Co (Brewbilt Brewing Co) Business Description

Industry

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Address

110 Spring Hill Drive, Suite 17, Grass Valley, CA, USA, 95945

Website

https://www.brewbilt.com

Brewbilt Brewing Co is engaged in the manufacturing of custom designs and handcrafts brewing and fermentation equipment and supplies necessary equipment for craft beer production. BrewBilt Brewing produces satisfying beers using small-batch California malt for a good-quality beer. The facility and experienced staff ferment the lagers in stacked horizontal lagering tanks and give them plenty of cold aging time to achieve optimal taste and clarity. The packaging process utilizes a counter-pressure Codi line to ensure the lowest possible level of packaged oxygen, maximizing product stability and continuity over its shelf life.

Executives

Jef Howard Lewis	director	318 CLAY STREET, NEVADA CITY CA 95959
Bennett Buchanan	director	13848 LAVA DOME WAY, NEVADA CITY CA 95959
James Powell	director, officer: President	999 18TH STREET, SUITE 3000, DENVER CO 80202
Tim C Deherrera	director	1400 16TH STREET, SUITE 400, DENVER CO 80202
Paul Watts	director, officer: President	33 CAVENDISH SQUARE, LONDON X0 W140RA
Kelly Sundberg	director, 10 percent owner, officer: President	45 COVE PARK ROAD NE, CALGARY A0 T3K 5XB