Cavco Industries Inc (CVCO)
Inventory turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,549,867 | 1,478,729 | 1,430,357 | 1,384,091 | 1,367,890 | 1,402,526 | 1,427,443 | 1,502,163 | 1,587,781 | 1,607,921 | 1,555,792 | 1,405,614 | 1,218,409 | 1,078,157 | 991,185 | 926,005 | 869,074 | 836,884 | 821,217 | 826,990 |
| Inventory | US$ in thousands | — | 243,299 | 244,025 | 244,844 | 241,339 | 236,649 | 244,476 | 253,986 | 263,150 | 215,458 | 233,965 | 254,722 | 243,971 | 200,313 | 190,394 | 150,917 | 131,234 | 110,624 | 111,872 | 106,396 |
| Inventory turnover | — | 6.08 | 5.86 | 5.65 | 5.67 | 5.93 | 5.84 | 5.91 | 6.03 | 7.46 | 6.65 | 5.52 | 4.99 | 5.38 | 5.21 | 6.14 | 6.62 | 7.57 | 7.34 | 7.77 |
March 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,549,867K ÷ $—K
= —
The inventory turnover for Cavco Industries Inc has shown fluctuations over the past few years. Starting at 7.77 in June 2020, the ratio decreased to 5.21 by September 2021 before increasing to 7.46 by December 2022. However, for the most recent data available for March 2025, the inventory turnover is not provided.
A high inventory turnover ratio indicates that the company is efficiently managing its inventory by quickly selling and replacing its stock. On the other hand, a low ratio suggests that the company may be overstocked or facing challenges in selling its inventory.
Overall, the trend in Cavco Industries Inc's inventory turnover ratio shows some variability, which may reflect changes in market demand, inventory management practices, or other factors impacting the company's operations. Further analysis and comparison with industry benchmarks could provide more insights into the effectiveness of the company's inventory management.
Peer comparison
Mar 31, 2025
Mar 31, 2025