Atlas Energy Solutions Inc. (AESI)

Inventory turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cost of revenue (ttm)	US$ in thousands	848,548	707,571	534,945
Inventory	US$ in thousands	17,302	15,777	18,778
Inventory turnover		49.04	44.85	28.49

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $848,548K ÷ $17,302K
= 49.04

Based on the provided data, Atlas Energy Solutions Inc. has shown a consistent improvement in its inventory turnover ratio over the course of the year 2024. The company's inventory turnover ratio was 28.49 times as of June 30, 2024, which indicates that its inventory was sold and replaced approximately 28.49 times during that period.

By September 30, 2024, the inventory turnover ratio had increased significantly to 44.85 times, suggesting that the company managed its inventory more efficiently during this period. This improvement can be an indicator of effective inventory management practices, such as optimizing inventory levels and streamlining distribution processes.

Furthermore, as of December 31, 2024, the inventory turnover ratio further increased to 49.04 times, signaling that Atlas Energy Solutions Inc. continued to enhance its inventory turnover efficiency towards the end of the year. A high inventory turnover ratio typically indicates that the company is effectively managing its inventory and converting stock into sales rapidly.

Overall, the trend of increasing inventory turnover ratios throughout the year reflects positively on Atlas Energy Solutions Inc.'s ability to efficiently manage its inventory and generate revenue from sales. It suggests that the company is effectively utilizing its resources and minimizing the risk of excess inventory buildup, which can lead to higher costs and potential obsolescence.