Alpha Metallurgical Resources Inc (AMR)
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 | 2,650,682 | 2,781,046 | 2,731,165 | 2,633,976 | 2,507,901 | 2,364,481 | 2,351,745 | 2,394,719 | 2,413,062 | 2,367,539 | 2,296,684 | 2,012,398 | 1,803,033 | 1,574,566 | 1,479,133 | 1,537,150 | 1,610,605 | 1,801,162 | 1,911,741 | 2,036,321 |
Inventory | US$ in thousands | 169,269 | 200,108 | 221,815 | 246,033 | 231,344 | 271,805 | 270,461 | 266,678 | 200,574 | 178,559 | 167,192 | 161,753 | 129,382 | 124,534 | 144,416 | 108,871 | 108,051 | 124,245 | 143,198 | 184,445 |
Inventory turnover | 15.66 | 13.90 | 12.31 | 10.71 | 10.84 | 8.70 | 8.70 | 8.98 | 12.03 | 13.26 | 13.74 | 12.44 | 13.94 | 12.64 | 10.24 | 14.12 | 14.91 | 14.50 | 13.35 | 11.04 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,650,682K ÷ $169,269K
= 15.66
Alpha Metallurgical Resources Inc's inventory turnover has fluctuated over the past few years, indicating changes in the efficiency of managing its inventory. The company's inventory turnover ratio ranged from a low of 8.70 during the June 30, 2023, and September 30, 2023, periods to a high of 15.66 on December 31, 2024.
A higher inventory turnover ratio typically suggests that the company is selling its inventory more quickly, which can be a positive sign of efficient operations. Conversely, a lower ratio may indicate excess inventory or potential issues with sales and production processes.
Overall, Alpha Metallurgical Resources Inc's inventory turnover ratio has shown some variability, but the company has generally maintained turnover levels within a reasonable range. It is essential for the company to continue monitoring and analyzing its inventory turnover to ensure optimal management of its inventory levels and operating efficiency.
Peer comparison
Dec 31, 2024
Dec 31, 2024