Amcor PLC (AMCR)
Inventory turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 12,175,000 | 10,926,000 | 11,969,000 | 11,724,000 | 10,129,000 |
| Inventory | US$ in thousands | 3,471,000 | 2,031,000 | 2,213,000 | 2,439,000 | 1,991,000 |
| Inventory turnover | 3.51 | 5.38 | 5.41 | 4.81 | 5.09 |
June 30, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $12,175,000K ÷ $3,471,000K
= 3.51
The inventory turnover ratio of Amcor PLC over the period from June 30, 2021, to June 30, 2025, exhibits noteworthy fluctuations that warrant analysis. As of June 30, 2021, the ratio stood at 5.09, indicating that the company sold and replenished its inventory approximately 5.09 times within that fiscal year. In the subsequent year, this ratio experienced a slight decline to 4.81, reflecting a marginal decrease in the frequency of inventory turnover.
However, a recovery occurred by June 30, 2023, when the ratio increased to 5.41, suggesting an improvement in inventory management efficiency and possibly a more effective sales cycle or inventory control measures. This upward trend persisted into the fiscal year ending June 30, 2024, with the ratio marginally decreasing to 5.38. This slight decline indicates a stabilization in inventory turnover, maintaining a relatively high frequency of inventory replenishment.
Contrastingly, the ratio dropped significantly to 3.51 by June 30, 2025. This substantial decrease signals a notable slowdown in inventory turnover, which could be attributed to factors such as increased inventory holding periods, reduced sales efficiency, or shifts in inventory management strategies. Such a decline may indicate potential challenges in turning over inventory efficiently or a strategic accumulation of inventory levels.
Overall, the trend in Amcor PLC's inventory turnover ratio reflects periods of both operational efficiency improvements and recent declines, pointing to possible shifts in sales dynamics or inventory practices in the most recent fiscal period. Continuous monitoring and further contextual analysis are necessary to understand the underlying causes and implications of these changes.
Peer comparison
Jun 30, 2025