Cohu Inc (COHU)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 221,485 | 333,516 | 429,449 | 500,253 | 364,225 |
| Inventory | US$ in thousands | 141,861 | 155,793 | 170,141 | 161,053 | 142,500 |
| Inventory turnover | 1.56 | 2.14 | 2.52 | 3.11 | 2.56 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $221,485K ÷ $141,861K
= 1.56
The inventory turnover of Cohu Inc has shown fluctuations over the past five years. In December 2020, the inventory turnover was 2.56, indicating that the company sold and replaced its inventory 2.56 times during that year. By December 2021, the inventory turnover improved to 3.11, suggesting that Cohu Inc managed its inventory more efficiently and increased the frequency of inventory turnover. However, in the following years, the inventory turnover started to decline. By December 2024, the inventory turnover had decreased to 1.56, reflecting a slower rate of inventory turnover compared to previous years.
Overall, Cohu Inc's inventory turnover trend may indicate varying levels of inventory management effectiveness and sales activity over the analyzed period. It is important for the company to closely monitor and optimize its inventory turnover to ensure efficient use of resources and maintain a healthy balance between inventory levels and sales volume.
Peer comparison
Dec 31, 2024