Autoliv Inc (ALV)
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 | 8,462,000 | 8,619,000 | 8,655,000 | 8,713,000 | 8,654,000 | 8,369,000 | 8,156,000 | 7,723,000 | 7,446,000 | 7,260,000 | 6,888,000 | 6,771,000 | 6,719,000 | 6,983,000 | 7,074,500 | 6,469,700 | 6,200,500 | 5,949,900 | 5,961,000 | 6,682,800 |
| Inventory | US$ in thousands | 921,000 | 997,000 | 936,000 | 997,000 | 1,012,000 | 982,000 | 947,000 | 986,000 | 969,000 | 924,000 | 903,000 | 913,000 | 777,000 | 922,000 | 901,000 | 856,000 | 798,300 | 713,800 | 757,800 | 771,600 |
| Inventory turnover | 9.19 | 8.64 | 9.25 | 8.74 | 8.55 | 8.52 | 8.61 | 7.83 | 7.68 | 7.86 | 7.63 | 7.42 | 8.65 | 7.57 | 7.85 | 7.56 | 7.77 | 8.34 | 7.87 | 8.66 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $8,462,000K ÷ $921,000K
= 9.19
Autoliv Inc's inventory turnover ratio indicates how efficiently the company manages its inventory. It is calculated by dividing the cost of goods sold by the average inventory during a specific period.
Based on the provided data, Autoliv Inc's inventory turnover has shown fluctuations over the past few years. The inventory turnover ratio ranged from a low of 7.42 on March 31, 2022, to a high of 9.25 on June 30, 2024.
Generally, a higher inventory turnover ratio indicates that the company is selling goods more quickly and efficiently, while a lower ratio may suggest excess inventory or difficulty selling products. Autoliv Inc's inventory turnover ratios have been mostly within a reasonable range, with a few periods of significant improvement or slight decline.
It is important for Autoliv Inc to monitor and manage its inventory turnover effectively to ensure optimal inventory levels, minimize storage costs, and maximize sales. Analyzing trends in inventory turnover can provide valuable insights into the company's operations and supply chain management efficiency.
Peer comparison
Dec 31, 2024
Dec 31, 2024