Boise Cascad Llc (BCC)
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 | 5,463,830 | 5,504,120 | 5,570,580 | 5,521,970 | 5,409,320 | 5,387,980 | 5,601,780 | 5,973,290 | 6,472,550 | 6,574,540 | 6,512,960 | 6,579,530 | 6,300,060 | 6,142,530 | 5,809,830 | 4,994,210 | 4,536,050 | 4,242,245 | 4,059,465 | 4,060,225 |
| Inventory | US$ in thousands | 803,296 | 792,356 | 832,241 | 814,596 | 712,369 | 683,406 | 703,033 | 738,798 | 697,551 | 767,187 | 803,607 | 804,668 | 660,671 | 644,370 | 727,205 | 611,700 | 503,480 | 454,327 | 456,129 | 536,314 |
| Inventory turnover | 6.80 | 6.95 | 6.69 | 6.78 | 7.59 | 7.88 | 7.97 | 8.09 | 9.28 | 8.57 | 8.10 | 8.18 | 9.54 | 9.53 | 7.99 | 8.16 | 9.01 | 9.34 | 8.90 | 7.57 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $5,463,830K ÷ $803,296K
= 6.80
The inventory turnover ratio for Boise Cascad Llc has shown some fluctuations over the past few years. The inventory turnover ratio measures how many times a company sells and replaces its inventory within a specific period. A higher inventory turnover ratio is generally viewed favorably as it indicates that the company is efficiently managing its inventory.
Based on the data provided, Boise Cascad Llc's inventory turnover ratio ranged from a low of 6.69 on June 30, 2024, to a high of 9.54 on December 31, 2021. The ratio was relatively stable between December 31, 2021, and September 30, 2023, averaging around 8.0. However, there was a noticeable decline in the inventory turnover ratio in the subsequent periods, reaching a low of 6.69 on June 30, 2024.
A decreasing inventory turnover ratio could indicate potential issues such as overstocking, obsolescence, or slow-moving inventory, which may lead to higher carrying costs and lower profitability. It is essential for Boise Cascad Llc to closely monitor its inventory management practices to ensure optimal levels of inventory turnover and efficiency.
Overall, while Boise Cascad Llc's inventory turnover ratio has experienced fluctuations, it is crucial for the company to maintain a balance between having enough inventory to meet customer demand and avoiding excess inventory levels that could burden the company's financial performance.
Peer comparison
Dec 31, 2024
Dec 31, 2024