DT Midstream Inc (DTM)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 315,000 | 380,000 | 385,000 | 340,000 | 294,000 | 443,000 | 450,000 | 453,000 | 456,000 | 297,000 | 290,000 | 227,000 | 216,000 | 108,000 | 92,000 | 125,000 | 108,000 |
| Inventory | US$ in thousands | — | — | — | — | — | 6,000 | 11,000 | 17,000 | 22,000 | 7,000 | 13,000 | 19,000 | 25,000 | 6,000 | 12,000 | — | — |
| Inventory turnover | — | — | — | — | — | 73.83 | 40.91 | 26.65 | 20.73 | 42.43 | 22.31 | 11.95 | 8.64 | 18.00 | 7.67 | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $315,000K ÷ $—K
= —
DT Midstream Inc's inventory turnover has shown a fluctuating trend over the periods provided. The inventory turnover ratio measures how efficiently the company manages its inventory by indicating how many times the company sells and replaces its inventory during a certain period.
- The inventory turnover was not available for December 31, 2020, and March 31, 2021, represented by "—", indicating incomplete data or potential issues with inventory management during those periods.
- Starting from June 30, 2021, the inventory turnover was 7.67, showing that the company turned over its inventory approximately 7.67 times during that quarter.
- The ratio significantly increased to 42.43 on September 30, 2022, signifying a substantial improvement in inventory management efficiency.
- The trend continued to improve, reaching a peak of 73.83 on September 30, 2023, indicating that the company was effectively managing its inventory and turning it over more than 70 times within a year.
- The inventory turnover ratio then decreased to 20.73 on December 31, 2022, and gradually declined to 26.65 on March 31, 2023, suggesting a potential slowdown in inventory turnover.
- The ratio increased again to 40.91 on June 30, 2023, before data became unavailable for the last three periods provided.
Overall, the increasing trend in inventory turnover ratios from 2021 to 2023 demonstrates an improvement in managing inventory efficiently and effectively. However, the lack of data for the most recent periods makes it challenging to assess whether the company sustained this positive trend in inventory turnover.
Peer comparison
Dec 31, 2024
Dec 31, 2024