Cable One Inc (CABO)
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 | 587,773 | 594,180 | 599,259 | 520,904 | 440,912 | 447,264 | 458,069 | 463,658 | 470,918 | 478,180 | 479,350 | 473,307 | 455,350 | 434,916 | 420,562 | 414,240 | 418,704 | 422,707 | 410,302 | 399,962 |
| Inventory | US$ in thousands | — | -27,442 | -27,442 | -28,226 | 53,444 | -31,767 | -30,852 | -23,707 | -25,794 | 5,137 | -4,685 | 27,344 | 21,497 | 22,223 | 20,367 | 23,615 | 13,254 | 17,811 | 15,170 | 19,353 |
| Inventory turnover | — | — | — | — | 8.25 | — | — | — | — | 93.09 | — | 17.31 | 21.18 | 19.57 | 20.65 | 17.54 | 31.59 | 23.73 | 27.05 | 20.67 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $587,773K ÷ $—K
= —
The inventory turnover ratio for Cable One Inc provides insights into how efficiently the company manages its inventory. From the data provided, we can observe fluctuations in the inventory turnover ratio over the years.
The trend shows that Cable One Inc experienced a relatively stable inventory turnover ratio from March 2020 to December 2021, fluctuating between 17.31 and 31.59. This indicates that the company effectively converted its inventory into sales during this period, with a peak turnover observed in December 2020.
However, the inventory turnover ratio dipped noticeably in March 2021 and then fluctuated within a lower range over the next few quarters, indicating potential challenges in managing inventory during this period. The significant increase in the turnover ratio in September 2022 to 93.09 suggests a sudden improvement in inventory management efficiency, possibly due to better demand forecasting or streamlined inventory processes.
The subsequent quarters show limited data available, but a decrease in the inventory turnover ratio is noted by December 2023 to 8.25, which may indicate inventory management challenges or changes in the company's operations during that period.
Overall, the inventory turnover trend for Cable One Inc reflects both periods of efficient inventory management and potential challenges or changes in the company's operations impacting inventory turnover ratios. Additional data and information would be beneficial to fully understand the factors driving these fluctuations in inventory turnover.
Peer comparison
Dec 31, 2024
Dec 31, 2024