Carlisle Companies Incorporated (CSL)
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 | 3,167,600 | 3,158,000 | 3,132,500 | 3,219,000 | 3,118,600 | 3,423,200 | 3,831,300 | 4,050,500 | 4,434,500 | 4,407,600 | 4,149,800 | 3,805,000 | 3,495,600 | 3,281,700 | 3,134,100 | 3,007,000 | 3,062,800 | 3,126,800 | 3,230,800 | 3,408,400 |
| Inventory | US$ in thousands | 472,700 | 462,400 | 426,300 | 399,800 | 361,700 | 394,800 | 599,200 | 781,500 | 748,800 | 804,100 | 780,900 | 728,900 | 605,100 | 548,900 | 462,600 | 459,000 | 432,700 | 514,500 | 547,800 | 560,600 |
| Inventory turnover | 6.70 | 6.83 | 7.35 | 8.05 | 8.62 | 8.67 | 6.39 | 5.18 | 5.92 | 5.48 | 5.31 | 5.22 | 5.78 | 5.98 | 6.77 | 6.55 | 7.08 | 6.08 | 5.90 | 6.08 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $3,167,600K ÷ $472,700K
= 6.70
The inventory turnover ratio for Carlisle Companies Incorporated has shown varying trends over the period from March 31, 2020, to December 31, 2024. The inventory turnover ratio measures how many times the company's inventory is sold and replaced over a specific period.
The inventory turnover ratio ranged from a low of 5.18 times on March 31, 2023, to a high of 8.67 times on September 30, 2023. Generally, a higher inventory turnover ratio indicates that the company is selling its inventory more efficiently.
On average, the inventory turnover ratio for Carlisle Companies Incorporated was around 6 to 7 times during this period, indicating that the company was able to manage its inventory effectively and maintain a healthy balance between inventory levels and sales.
It is worth noting that there were fluctuations in the inventory turnover ratio, which could be influenced by various factors such as seasonal demand, production constraints, or changes in the company's sales strategy. Further analysis and comparison with industry benchmarks would provide a more comprehensive understanding of the company's inventory management performance.
Peer comparison
Dec 31, 2024
Dec 31, 2024