Molson Coors Brewing Co Class B (TAP)
Days of inventory on hand (DOH)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 9.84 | 8.67 | 8.65 | 8.49 | 9.14 | 8.54 | 8.43 | 8.01 | 8.89 | 8.19 | 7.77 | 6.78 | 7.74 | 7.27 | 7.72 | 7.47 | 8.86 | 9.13 | 9.61 | 9.46 | |
| DOH | days | 37.08 | 42.10 | 42.22 | 43.01 | 39.93 | 42.74 | 43.29 | 45.56 | 41.08 | 44.55 | 46.97 | 53.83 | 47.17 | 50.20 | 47.29 | 48.88 | 41.20 | 39.97 | 37.99 | 38.60 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 9.84
= 37.08
The days of inventory on hand (DOH) for Molson Coors Brewing Co Class B have shown fluctuations over the past few years based on the data provided. The trend indicates some variability in managing inventory levels.
From March 31, 2020, to December 31, 2020, the DOH increased from 38.60 days to 41.20 days, suggesting an increase in the number of days it takes to sell off inventory. This trend continued into 2021, with DOH peaking at 53.83 days on March 31, 2022. However, there was a significant decrease in DOH by June 30, 2022, to 46.97 days, indicating a potential effort to reduce excess inventory levels.
Throughout 2023, DOH stabilized between 39.93 days and 45.56 days, showing a more controlled inventory management approach. By the end of 2024, the DOH had decreased to 37.08 days, a level lower than the starting point in 2020, suggesting a potential improvement in inventory turnover efficiency.
Overall, the fluctuations in Molson Coors Brewing Co Class B's DOH reflect the company's ongoing efforts to optimize inventory levels to maintain a balance between meeting demand and avoiding excess inventory holding costs. Tracking DOH can be essential for evaluating inventory management effectiveness and identifying areas for operational improvement.
Peer comparison
Dec 31, 2024