Peabody Energy Corp (BTU)
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 | 3,701,300 | 3,703,500 | 3,563,800 | 3,525,300 | 3,471,500 | 3,440,100 | 3,474,800 | 3,438,400 | 3,290,800 | 3,072,700 | 2,883,700 | 2,669,500 | 2,553,100 | 2,481,600 | 2,383,100 | 2,328,000 | 2,524,900 | 2,711,800 | 3,067,100 | 3,369,000 |
| Inventory | US$ in thousands | 393,400 | 444,300 | 422,100 | 404,300 | 351,800 | 352,000 | 312,900 | 331,500 | 296,100 | 277,400 | 252,900 | 269,100 | 226,700 | 224,500 | 232,500 | 241,400 | 261,600 | 319,700 | 301,600 | 269,200 |
| Inventory turnover | 9.41 | 8.34 | 8.44 | 8.72 | 9.87 | 9.77 | 11.11 | 10.37 | 11.11 | 11.08 | 11.40 | 9.92 | 11.26 | 11.05 | 10.25 | 9.64 | 9.65 | 8.48 | 10.17 | 12.51 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $3,701,300K ÷ $393,400K
= 9.41
Peabody Energy Corp's inventory turnover has displayed fluctuations over the analyzed period. The inventory turnover ratio measures how many times a company sells and replaces its inventory within a specific timeframe. A higher inventory turnover ratio indicates that the company is more efficient at managing its inventory.
From March 31, 2020, to March 31, 2022, the inventory turnover ratio ranged between 8.48 and 12.51, showcasing some variation in inventory management efficiency. The ratio peaked at 12.51 in March 2020, indicating that Peabody Energy Corp turned its inventory over more than 12 times during that period. However, from March 31, 2022, to December 31, 2024, the inventory turnover ratio gradually decreased, indicating a potential slowdown in inventory management efficiency.
Overall, the inventory turnover ratio has displayed a fluctuating trend, with both peaks and troughs observed over the analyzed period. Further analysis of the company's operational and supply chain management practices may help explain the changes in the inventory turnover ratio and provide insights into potential areas for improvement in inventory management efficiency.
Peer comparison
Dec 31, 2024
Dec 31, 2024