Boise Cascad Llc (BCC)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 5,393,610 | 5,409,310 | 6,472,540 | 6,300,080 | 4,536,050 |
| Inventory | US$ in thousands | 803,296 | 712,369 | 697,551 | 660,671 | 503,480 |
| Inventory turnover | 6.71 | 7.59 | 9.28 | 9.54 | 9.01 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $5,393,610K ÷ $803,296K
= 6.71
Boise Cascade LLC's inventory turnover ratio has shown some fluctuations over the past five years.
- In 2020, the company had an inventory turnover of 9.01, indicating that its inventory was sold and replaced approximately 9 times during that year.
- The ratio increased slightly in 2021 to 9.54, suggesting a more efficient management of inventory compared to the previous year.
- However, the inventory turnover dipped in 2022 to 9.28 before experiencing a more significant decline in 2023 to 7.59.
- By the end of 2024, the inventory turnover ratio declined further to 6.71, indicating a slower rate of inventory turnover compared to the previous years.
Overall, while Boise Cascade LLC has generally maintained a healthy inventory turnover ratio above 6 in the past five years, the recent downward trend suggests potential challenges in managing and selling inventory efficiently. The company may need to review its inventory management practices to improve its turnover rate in order to optimize its use of resources and maximize profitability.
Peer comparison
Dec 31, 2024