Bruker Corporation (BRKR)

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	1,716,900	1,654,800	1,569,200	1,494,500	1,451,200	1,369,500	1,313,100	1,261,900	1,225,000	1,224,400	1,221,000	1,221,000	1,208,300	1,180,900	1,143,800	1,092,000	1,047,700	1,036,800	1,040,900	1,062,300
Inventory	US$ in thousands	1,067,800	1,220,400	1,175,900	1,060,500	968,300	916,000	914,600	858,800	800,100	749,500	759,000	739,900	710,100	732,800	730,200	700,700	692,300	695,900	665,400	625,500
Inventory turnover		1.61	1.36	1.33	1.41	1.50	1.50	1.44	1.47	1.53	1.63	1.61	1.65	1.70	1.61	1.57	1.56	1.51	1.49	1.56	1.70

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,716,900K ÷ $1,067,800K
= 1.61

Bruker Corporation's inventory turnover has shown fluctuations over the past few years. The inventory turnover ratio indicates how efficiently a company manages its inventory by measuring how many times the inventory is sold and replaced over a certain period.

From March 31, 2020, to December 31, 2024, Bruker Corporation's inventory turnover ranged from a low of 1.33 to a high of 1.70. Overall, the trend in inventory turnover shows some variability but has generally remained within a relatively narrow range.

A decreasing inventory turnover ratio could suggest potential issues such as overstocking or slow-moving inventory, which may tie up capital and lead to increased storage costs. Conversely, an increasing ratio could indicate more efficient inventory management and better sales performance.

It is important for Bruker Corporation to continue monitoring and analyzing its inventory turnover to ensure optimal inventory management practices, aligning supply with demand, and maximizing profitability.