Domino's Pizza Inc Common Stock (DPZ)
Inventory turnover
| Dec 31, 2024 | Sep 8, 2024 | Jun 16, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 10, 2023 | Jun 18, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 11, 2022 | Jun 19, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 12, 2021 | Jun 20, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 6, 2020 | Jun 14, 2020 | Mar 22, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 2,857,914 | 2,843,781 | 2,816,601 | 2,775,867 | 2,751,941 | 2,768,378 | 2,825,932 | 2,884,878 | 2,888,552 | 2,845,200 | 2,771,244 | 2,717,109 | 2,669,131 | 2,653,422 | 2,646,370 | 2,584,520 | 2,522,918 | 2,404,679 | 2,303,502 | 2,235,546 |
| Inventory | US$ in thousands | 70,919 | 69,168 | 69,279 | 76,086 | 82,964 | 69,683 | 65,627 | 69,278 | 81,570 | 72,586 | 70,201 | 77,711 | 68,328 | 64,563 | 59,182 | 63,775 | 66,683 | 65,499 | 66,850 | 49,010 |
| Inventory turnover | 40.30 | 41.11 | 40.66 | 36.48 | 33.17 | 39.73 | 43.06 | 41.64 | 35.41 | 39.20 | 39.48 | 34.96 | 39.06 | 41.10 | 44.72 | 40.53 | 37.83 | 36.71 | 34.46 | 45.61 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,857,914K ÷ $70,919K
= 40.30
Domino's Pizza Inc Common Stock's inventory turnover has shown some fluctuations over the past few years. The inventory turnover ratio is a measure of how efficiently the company manages its inventory levels. A higher inventory turnover ratio indicates that the company is selling its inventory quickly and efficiently.
Looking at the data provided, we can see that the inventory turnover ratio for Domino's Pizza Inc Common Stock has ranged from a low of 33.17 to a high of 45.61 over the past few years. The highest inventory turnover ratio of 45.61 was recorded in March 22, 2020, while the lowest ratio of 33.17 was recorded on December 31, 2023.
Overall, the trend in Domino's Pizza Inc Common Stock's inventory turnover ratio appears to be relatively stable, with fluctuations within a certain range. This suggests that the company has been effectively managing its inventory levels to meet customer demand while minimizing excess inventory holding costs.
It's important to note that a high inventory turnover ratio may indicate strong sales performance, efficient inventory management, and good demand forecasting. On the other hand, a low inventory turnover ratio may suggest slow sales, excessive inventory levels, or poor inventory management practices.
In conclusion, Domino's Pizza Inc Common Stock's inventory turnover ratio provides valuable insight into the company's operational efficiency and inventory management practices, showcasing its ability to effectively control inventory levels and optimize its supply chain operations.
Peer comparison
Dec 31, 2024
Dec 31, 2024