Amcor PLC (AMCR)
Inventory turnover
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 12,175,000 | 10,769,000 | 10,809,000 | 10,824,000 | 10,928,000 | 11,098,000 | 11,373,000 | 11,723,000 | 11,969,000 | 12,133,000 | 12,116,000 | 11,998,000 | 11,724,000 | 11,318,000 | 10,866,000 | 10,456,000 | 10,129,000 | 9,843,200 | 9,807,200 | 9,781,000 |
| Inventory | US$ in thousands | 3,471,000 | 2,142,000 | 2,126,000 | 2,228,000 | 2,031,000 | 2,085,000 | 2,150,000 | 2,134,000 | 2,213,000 | 2,420,000 | 2,509,000 | 2,590,000 | 2,439,000 | 2,420,000 | 2,273,000 | 2,113,000 | 1,991,000 | 1,876,000 | 1,843,000 | 1,784,000 |
| Inventory turnover | 3.51 | 5.03 | 5.08 | 4.86 | 5.38 | 5.32 | 5.29 | 5.49 | 5.41 | 5.01 | 4.83 | 4.63 | 4.81 | 4.68 | 4.78 | 4.95 | 5.09 | 5.25 | 5.32 | 5.48 |
June 30, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $12,175,000K ÷ $3,471,000K
= 3.51
The inventory turnover ratio of Amcor PLC exhibits notable fluctuations over the specified period, reflecting variations in inventory management efficiency. Beginning at 5.48 times as of September 30, 2020, the ratio gradually declined over the subsequent quarters, reaching a low of 4.63 times by September 30, 2022. This overall downward trend indicates a decrease in how frequently inventory is replenished and sold, potentially suggesting increased holding periods or slower inventory movement during this period.
From late 2022 onwards, the ratio generally trended upward, reaching a peak of 5.49 times on September 30, 2023. This increase implies improvements in inventory turnover, possibly due to enhanced sales efficiency or better inventory management practices. However, the ratio again experienced some fluctuation, decreasing slightly to 5.29 times by the end of 2023 and maintaining within a similar range into early 2024.
In the most recent quarters, the ratio shows signs of variability: it decreased to 4.86 times as of September 30, 2024, before rising again to 5.08 times in December 2024, and then maintaining levels close to 5.03 times mid-2025. The notable exception within this period is a significant decline to 3.51 times in June 2025, which may suggest a temporary buildup of inventory or reduced sales productivity.
Overall, the trend demonstrates periods of both efficiency and slowdown in inventory turnover. The initial decline followed by a recovery indicates possible adjustments in inventory management strategies or shifts in market demand. The recent volatility underscores the importance of ongoing operational control to maintain optimal inventory levels and ensure efficient sales cycles.
Peer comparison
Jun 30, 2025
Jun 30, 2025