Molson Coors Brewing Co Class B (TAP)

Short-term

Turnover ratios

The activity ratios for Molson Coors Brewing Co Class B provide insights into the efficiency of the company's operations in managing its inventory, receivables, payables, and working capital.

1. Inventory Turnover:
- The inventory turnover ratio measures how efficiently the company manages its inventory by indicating how many times it sells and replaces its inventory during a specific period.
- The trend for Molson Coors shows a slight fluctuation in inventory turnover over the years, with a range from 7.74 to 9.75. This suggests that the company is effectively managing its inventory levels.

2. Receivables Turnover:
- Unfortunately, there is no data available for the receivables turnover ratio, indicating that the information to analyze how efficiently Molson Coors collects its accounts receivable is missing or not applicable.

3. Payables Turnover:
- Similar to receivables turnover, there is no data provided for payables turnover, which could have shown how effectively the company manages its payables and settles its obligations with suppliers.

4. Working Capital Turnover:
- The working capital turnover ratio measures how effectively the company utilizes its working capital to generate revenue.
- The absence of data for working capital turnover limits our ability to assess how efficiently Molson Coors is utilizing its working capital to drive sales.

In conclusion, based on the available information, Molson Coors Brewing Co Class B appears to have relatively stable inventory turnover, while lacking data for receivables turnover, payables turnover, and working capital turnover hinders a comprehensive analysis of the company's overall activity ratios.

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Average number of days

Molson Coors Brewing Co Class B's activity ratios provide insights into how efficiently the company manages its inventory, collects receivables, and pays its suppliers.

1. Days of Inventory on Hand (DOH):
- The trend in the days of inventory on hand shows a slight increase from 41.20 days on December 31, 2020, to 37.45 days on December 31, 2024. This indicates that the company is holding onto its inventory for fewer days, potentially managing its inventory more efficiently or experiencing better inventory turnover.

2. Days of Sales Outstanding (DSO):
- The data shows "—" for Days of Sales Outstanding for all the years provided. This may suggest that the company does not have significant receivables outstanding that need to be collected. Alternatively, it could mean that the company operates on a cash basis or has a quick turnover of receivables.

3. Number of Days of Payables:
- Similar to Days of Sales Outstanding, the data shows "—" for Number of Days of Payables for all the years provided. This could imply that Molson Coors Brewing Co Class B manages its payables effectively, potentially by paying suppliers promptly or having favorable credit terms.

Overall, based on the available data, Molson Coors Brewing Co Class B appears to be efficiently managing its inventory turnover, may have low receivables outstanding, and seems to handle its payables well.

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Long-term

The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate revenue. For Molson Coors Brewing Co Class B, we see an increasing trend in this ratio from 2.27 in 2020 to 2.46 in 2022. This indicates that the company is generating more revenue per dollar invested in fixed assets over the years.

Total asset turnover ratio, on the other hand, evaluates how effectively a company is using its total assets to generate sales. The ratio has been steadily increasing for Molson Coors Brewing Co Class B, from 0.35 in 2020 to 0.45 in 2024. This demonstrates that the company is becoming more efficient in generating sales relative to its total asset base.

Overall, the improving trend in both fixed asset turnover and total asset turnover ratios suggests that Molson Coors Brewing Co Class B is effectively managing its assets and generating revenue efficiently over the years.