Molson Coors Brewing Co Class B (TAP)
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 | 7,164,600 | 7,224,300 | 7,336,300 | 7,390,600 | 7,333,300 | 7,281,300 | 7,280,600 | 7,334,600 | 7,045,800 | 7,101,900 | 6,779,500 | 6,345,700 | 6,226,300 | 5,863,500 | 5,785,400 | 5,574,100 | 5,885,700 | 6,006,600 | 6,141,000 | 6,444,200 |
| Inventory | US$ in thousands | 727,800 | 833,300 | 848,500 | 870,900 | 802,300 | 852,600 | 863,400 | 915,600 | 792,900 | 866,800 | 872,400 | 935,800 | 804,700 | 806,500 | 749,500 | 746,400 | 664,300 | 657,700 | 639,100 | 681,500 |
| 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 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $7,164,600K ÷ $727,800K
= 9.84
The inventory turnover for Molson Coors Brewing Co Class B has shown some fluctuation over the periods provided. Inventory turnover is a measure of how many times a company's inventory is sold and replaced over a certain period. A higher inventory turnover generally indicates that the company is selling its products effectively.
From March 31, 2020, to December 31, 2024, the inventory turnover ranged from a low of 6.78 to a high of 9.84. The trend indicates some variability in the efficiency of Molson Coors Brewing Co Class B's inventory management.
In the recent periods, the inventory turnover for Molson Coors Brewing Co Class B has been relatively stable, hovering around 8.5-9.0 times annually. This suggests that the company has been able to effectively manage its inventory levels and maintain a healthy balance between carrying too much and too little inventory.
Overall, Molson Coors Brewing Co Class B's inventory turnover reflects the company's ability to efficiently manage its inventory and convert it into sales. It is important for the company to continue monitoring and optimizing its inventory turnover to ensure it remains competitive and profitable in the market.
Peer comparison
Dec 31, 2024
Dec 31, 2024