Boston Beer Company Inc (SAM)
Inventory turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 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 | 635,658 | 585,420 | 544,432 | 516,157 |
| Inventory | US$ in thousands | 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 | 106,038 | 92,632 | 80,361 | 85,861 |
| Inventory turnover | 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 | 5.99 | 6.32 | 6.77 | 6.01 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,156,256K ÷ $115,773K
= 9.99
The inventory turnover for Boston Beer Company Inc has been fluctuating over the past few years. It ranged from a low of 4.52 times in June 2021 to a high of 9.99 times in December 2023. Generally, a higher inventory turnover indicates that the company is selling its inventory more quickly. This could imply efficient inventory management, reduced carrying costs, and potentially higher profitability. The company's inventory turnover has shown an upward trend recently, which may suggest improved inventory management or increasing demand for its products. However, it is essential to monitor this ratio over time to ensure sustainable and efficient operations.
Peer comparison
Dec 31, 2023
Dec 31, 2023