Amentum Holdings Inc. (AMTM)
Inventory turnover
| Dec 31, 2024 | Sep 30, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 7,590,000 | 8,171,000 | 7,083,000 | 6,905,000 | 4,305,000 |
| Inventory | US$ in thousands | — | — | 119 | — | — |
| Inventory turnover | — | — | 59,521.01 | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $7,590,000K ÷ $—K
= —
The inventory turnover ratio for Amentum Holdings Inc. provides insights into the efficiency of the company in managing its inventory. The ratio indicates how many times during a specific period a company sells and replaces its inventory.
Based on the data provided, the inventory turnover for the fiscal year ending December 31, 2023, was exceptionally high at 59,521.01. This unusually high ratio signifies that Amentum Holdings Inc. had a rapid turnover of its inventory during that period. A high inventory turnover ratio can indicate strong sales performance, efficient inventory management, and effective demand forecasting.
However, the absence of inventory turnover data for the other reporting periods - December 31, 2021, December 31, 2022, September 30, 2024, and December 31, 2024 - makes it challenging to assess the consistency of inventory management efficiency over time.
In conclusion, the inventory turnover ratio of 59,521.01 for December 31, 2023, suggests that Amentum Holdings Inc. efficiently managed its inventory during that period, but further data from other periods is needed to provide a more comprehensive analysis of the company's inventory management performance.
Peer comparison
Dec 31, 2024