Boston Beer Company Inc (SAM)
Inventory turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,119,194 | 1,123,406 | 1,125,121 | 1,141,622 | 1,156,256 | 1,192,442 | 1,204,198 | 1,225,525 | 1,228,348 | 1,194,653 | 1,244,893 | 1,221,541 | 1,259,830 | 1,256,180 | 1,119,440 | 1,034,838 | 921,980 | 835,824 | 774,248 | 691,139 |
| Inventory | US$ in thousands | 117,159 | 160,322 | 152,296 | 146,783 | 115,773 | 148,402 | 155,702 | 150,762 | 148,450 | 192,172 | 164,247 | 162,592 | 149,118 | 196,455 | 247,550 | 160,671 | 130,910 | 123,831 | 108,523 | 124,529 |
| Inventory turnover | 9.55 | 7.01 | 7.39 | 7.78 | 9.99 | 8.04 | 7.73 | 8.13 | 8.27 | 6.22 | 7.58 | 7.51 | 8.45 | 6.39 | 4.52 | 6.44 | 7.04 | 6.75 | 7.13 | 5.55 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,119,194K ÷ $117,159K
= 9.55
The inventory turnover for Boston Beer Company Inc shows fluctuation over the periods provided. The company's inventory turnover ratio, which measures how many times a company sells and replaces its inventory during a specific period, ranged from a low of 4.52 on June 30, 2021, to a high of 9.99 on December 31, 2023.
Generally, a higher inventory turnover ratio indicates efficient inventory management, as it suggests that the company is selling its products quickly. Looking at the trend over the periods, we see that there were variations in the inventory turnover ratio, with some quarters showing higher turnover rates than others. For example, there was a notable improvement in inventory turnover from June 30, 2022, to December 31, 2022, where the ratio increased from 7.58 to 8.27.
Despite some fluctuations, Boston Beer Company Inc generally maintained their inventory turnover at respectable levels, with the ratio staying above 5 for most periods. This suggests that the company is effectively managing its inventory levels to support its sales activities. It is important for the company to continue monitoring and optimizing its inventory turnover to ensure efficient operations and maximized profitability.
Peer comparison
Dec 31, 2024
Dec 31, 2024