Arcosa Inc (ACA)

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 1,864,100 1,797,500 1,801,700 1,820,900 1,820,000 1,844,000 1,814,300 1,748,800 1,670,200 1,612,800 1,544,000 1,523,400 1,553,600 1,547,700 1,514,100 1,463,000 1,404,500 1,205,800 1,221,300
Inventory US$ in thousands 401,800 361,200 354,600 328,300 315,800 328,800 295,900 342,800 324,500 344,500 339,100 289,300 276,800 289,900 314,000 303,400 283,300 306,100 291,000 271,500
Inventory turnover 4.64 4.98 5.08 5.55 5.76 5.61 6.13 5.10 5.15 4.68 4.55 5.27 5.61 5.34 4.82 4.82 4.96 3.94 4.20

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,864,100K ÷ $401,800K
= 4.64

The inventory turnover ratio for Arcosa Inc has exhibited some fluctuations over the past eight quarters. In Q4 2023, the ratio stood at 4.64, slightly lower than the previous quarter at 4.99. While the ratio has shown a declining trend since Q4 2022 when it was at 5.76, it still remains relatively stable within the range of 4.64 to 6.12.

Overall, the inventory turnover ratio indicates that Arcosa Inc is selling and replacing its inventory approximately 4.64 to 6.12 times a year. A higher inventory turnover ratio suggests that the company is efficiently managing its inventory levels and is able to quickly sell and restock its products. However, the downward trend in the ratio over the past few quarters may indicate challenges in managing inventory efficiently or potential issues with sales and production. Further analysis of operational processes and market conditions would be required to fully understand the implications of these fluctuations in the inventory turnover ratio.


Peer comparison

Dec 31, 2023

Dec 31, 2023

Company name
Symbol
Inventory turnover
Arcosa Inc
ACA
4.64
Proto Labs Inc
PRLB
32.40
Valmont Industries Inc
VMI
5.84