Brunswick Corporation (BC)
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 | 3,934,200 | 4,030,000 | 4,226,900 | 4,385,700 | 4,614,400 | 4,771,300 | 4,821,700 | 4,923,400 | 4,897,500 | 4,797,300 | 4,614,800 | 4,376,400 | 4,180,200 | 3,950,800 | 3,790,200 | 3,428,700 | 3,134,500 | 2,990,700 | 2,834,200 | 2,937,900 |
| Inventory | US$ in thousands | 1,302,600 | 1,464,700 | 1,524,200 | 1,555,000 | 1,476,800 | 1,445,000 | 1,484,200 | 1,506,000 | 1,471,400 | 1,429,800 | 1,372,400 | 1,345,700 | 1,208,000 | 940,500 | 835,100 | 765,600 | 711,800 | 589,400 | 676,900 | 840,100 |
| Inventory turnover | 3.02 | 2.75 | 2.77 | 2.82 | 3.12 | 3.30 | 3.25 | 3.27 | 3.33 | 3.36 | 3.36 | 3.25 | 3.46 | 4.20 | 4.54 | 4.48 | 4.40 | 5.07 | 4.19 | 3.50 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $3,934,200K ÷ $1,302,600K
= 3.02
Brunswick Corporation's inventory turnover has shown fluctuations over the past few years. The inventory turnover ratio measures how efficiently a company manages its inventory by calculating how many times a company sells and replaces its inventory during a certain period.
From March 31, 2020, to June 30, 2021, Brunswick's inventory turnover ratio increased steadily from 3.50 to 4.54, indicating the company was selling and replacing its inventory at a faster rate. This could be a positive sign of efficient inventory management and strong sales performance.
However, from September 30, 2021, to December 31, 2024, the inventory turnover ratio fluctuated within a range of 2.75 to 3.46. These fluctuations suggest some variability in the company's inventory management efficiency during this period.
The decrease in the inventory turnover ratio from March 31, 2024, to December 31, 2024, from 3.12 to 3.02 could indicate that Brunswick is taking longer to sell and replace its inventory, which may be a cause for further analysis to understand the underlying reasons for this decline.
Overall, Brunswick Corporation's inventory turnover has shown both positive trends and fluctuations, suggesting the need for continued monitoring and analysis to ensure optimal inventory management practices.
Peer comparison
Dec 31, 2024
Dec 31, 2024