BWX Technologies Inc (BWXT)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,875,720 | 1,680,900 | 1,573,800 | 1,548,120 | 1,361,060 |
| Inventory | US$ in thousands | 27,400 | 22,900 | 16,300 | 15,000 | 17,100 |
| Inventory turnover | 68.46 | 73.40 | 96.55 | 103.21 | 79.59 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,875,720K ÷ $27,400K
= 68.46
To calculate the inventory turnover for BWX Technologies Inc, we need the cost of goods sold (COGS) and the average inventory for each year. With this information, we can use the formula:
Inventory Turnover = COGS / Average Inventory
Since the specific values for COGS and inventory are not provided in the table, the calculation of inventory turnover for BWX Technologies Inc cannot be determined accurately at this time. However, it is important to note that a higher inventory turnover ratio indicates more efficient management of inventory, as it shows how many times a company's inventory is sold and replaced over a period of time. Conversely, a lower inventory turnover may suggest overstocking or slow-moving inventory, which can tie up capital and lead to higher carrying costs.
For a more in-depth analysis of BWX Technologies Inc's inventory turnover and its implications for the company's operational efficiency and financial performance, further data regarding COGS and inventory levels would be required.
Peer comparison
Dec 31, 2023