CDW Corp (CDW)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 16,396,300 | 16,723,600 | 19,062,100 | 17,252,300 | 15,257,400 |
| Inventory | US$ in thousands | 605,300 | 668,100 | 800,200 | 927,600 | 760,000 |
| Inventory turnover | 27.09 | 25.03 | 23.82 | 18.60 | 20.08 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $16,396,300K ÷ $605,300K
= 27.09
The inventory turnover of CDW Corp has shown a positive trend over the years, increasing from 20.08 in December 31, 2020, to 27.09 in December 31, 2024. This indicates that the company is managing its inventory more efficiently, selling its inventory more frequently within the given period. The higher inventory turnover ratios suggest that CDW Corp is selling its products quickly and effectively. A rising inventory turnover ratio is generally a positive sign, as it signifies that the company is effectively managing its inventory levels and generating sales from its inventory investment.
Peer comparison
Dec 31, 2024