Chemours Co (CC)
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 | 4,631,000 | 4,627,000 | 4,618,000 | 4,620,000 | 4,724,000 | 4,743,000 | 4,882,000 | 5,067,000 | 5,177,000 | 5,223,000 | 5,131,000 | 5,104,000 | 4,965,000 | 4,808,000 | 4,531,000 | 4,034,000 | 3,902,000 | 4,080,000 | 4,200,000 | 4,391,000 |
| Inventory | US$ in thousands | 1,472,000 | 1,438,000 | 1,368,000 | 1,391,000 | 1,352,000 | 1,314,000 | 1,446,000 | 1,486,000 | 1,404,000 | 1,321,000 | 1,219,000 | 1,166,000 | 1,099,000 | 1,016,000 | 1,046,000 | 988,000 | 939,000 | 993,000 | 1,074,000 | 1,114,000 |
| Inventory turnover | 3.15 | 3.22 | 3.38 | 3.32 | 3.49 | 3.61 | 3.38 | 3.41 | 3.69 | 3.95 | 4.21 | 4.38 | 4.52 | 4.73 | 4.33 | 4.08 | 4.16 | 4.11 | 3.91 | 3.94 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $4,631,000K ÷ $1,472,000K
= 3.15
The inventory turnover ratio for Chemours Co has been fluctuating over the reported periods, indicating the efficiency with which the company manages its inventory. From March 31, 2020, to December 31, 2020, the ratio increased steadily from 3.94 to 4.16, showing an improvement in inventory management.
Subsequently, the ratio displayed some variations throughout the following periods, reaching a peak of 4.73 on September 30, 2021, before declining to 3.22 on September 30, 2024. This decrease in the latter periods could suggest potential inefficiencies in inventory management, possibly due to factors such as poor demand forecasting or overstocking.
Overall, the trend in inventory turnover for Chemours Co indicates some level of inconsistency in managing its inventory efficiently. Further analysis of the underlying reasons for these fluctuations may be necessary to address any potential issues and optimize the company's inventory management practices.
Peer comparison
Dec 31, 2024
Dec 31, 2024