Molson Coors Brewing Co Class B (TAP)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 9.75 | 9.14 | 8.89 | 7.74 | 8.86 | |
| DOH | days | 37.45 | 39.93 | 41.08 | 47.17 | 41.20 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 9.75
= 37.45
The days of inventory on hand (DOH) for Molson Coors Brewing Co Class B has shown a slight fluctuation over the past five years. In December 31, 2020, the DOH stood at 41.20 days and increased to 47.17 days by December 31, 2021. Subsequently, there was a decrease in the DOH to 41.08 days by December 31, 2022, followed by a further decrease to 39.93 days by December 31, 2023. The most recent data point, as of December 31, 2024, indicates a DOH of 37.45 days.
Overall, the trend suggests a reduction in the days of inventory on hand, which could indicate more efficient inventory management practices by the company. A lower number of days of inventory on hand is generally seen as positive, as it signifies that the company is selling its inventory at a faster rate. However, it is important to monitor inventory turnover ratios and sales trends alongside the DOH to fully assess the effectiveness of Molson Coors Brewing Co's inventory management strategies.
Peer comparison
Dec 31, 2024