Boston Beer Company Inc (SAM)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,119,190 | 1,156,260 | 1,228,350 | 1,259,830 | 921,980 |
| Inventory | US$ in thousands | 117,159 | 115,773 | 148,450 | 149,118 | 130,910 |
| Inventory turnover | 9.55 | 9.99 | 8.27 | 8.45 | 7.04 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,119,190K ÷ $117,159K
= 9.55
The inventory turnover ratio for Boston Beer Company Inc has been showing an increasing trend over the past few years. In December 31, 2020, the inventory turnover was 7.04 times, and this ratio improved to 8.45 times by December 31, 2021. Further progress was seen in December 31, 2022 with a ratio of 8.27 times. Subsequently, in December 31, 2023, the inventory turnover increased to 9.99 times, indicating that the company is managing its inventory more efficiently. By December 31, 2024, the inventory turnover decreased slightly to 9.55 times, but still remains at a healthy level. This upward trend in inventory turnover suggests that Boston Beer Company Inc is effectively managing its inventory levels and converting its inventory into sales at a quicker pace, which is a positive indicator of operational efficiency.
Peer comparison
Dec 31, 2024