Dupont De Nemours Inc (DD)

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	7,879,000	8,381,000	8,188,000	8,071,000	7,987,000	8,015,000	8,156,000	8,275,000	8,402,000	8,473,000	9,156,000	9,662,000	10,064,000	11,466,000	12,080,000	12,716,000	13,522,000	13,409,000	13,548,000	13,753,000
Inventory	US$ in thousands	2,130,000	2,237,000	2,164,000	2,175,000	2,147,000	2,279,000	2,341,000	2,443,000	2,329,000	2,359,000	2,356,000	2,238,000	2,862,000	2,844,000	2,642,000	2,499,000	3,726,000	3,902,000	4,307,000	4,410,000
Inventory turnover		3.70	3.75	3.78	3.71	3.72	3.52	3.48	3.39	3.61	3.59	3.89	4.32	3.52	4.03	4.57	5.09	3.63	3.44	3.15	3.12

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $7,879,000K ÷ $2,130,000K
= 3.70

Dupont De Nemours Inc's inventory turnover ratio has shown a fluctuating trend over the reporting periods provided. The ratio indicates the number of times the company's inventory was sold and replaced during the period.

From March 2020 to March 2021, there was a significant increase in the inventory turnover ratio from 3.12 to 5.09, showing a more efficient management of inventory. However, from June 2021 to December 2024, the ratio fluctuated between 3.48 and 3.78, indicating a relatively stable performance in managing inventory turnover.

Overall, the company has maintained a moderate inventory turnover ratio ranging between 3.12 and 5.09, suggesting that Dupont De Nemours Inc effectively balances its inventory levels to meet demand and avoid excess holding costs. Continued monitoring of this ratio can provide insights into the efficiency of the company's inventory management practices and their impact on financial performance.