EMCOR Group Inc (EME)
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 | 11,801,070 | 11,609,550 | 11,309,480 | 10,882,140 | 10,493,540 | 10,167,080 | 9,918,080 | 9,686,900 | 9,472,520 | 9,214,650 | 8,941,850 | 8,678,860 | 8,401,850 | 8,062,340 | 7,760,540 | 7,397,890 | 7,401,680 | 7,543,230 | 7,656,450 | 7,935,530 |
| Inventory | US$ in thousands | 95,667 | 94,475 | 103,896 | 113,751 | 110,774 | 115,466 | 106,080 | 100,405 | 85,641 | 101,874 | 93,464 | 71,463 | 54,098 | 64,489 | 64,713 | 48,212 | 53,338 | 39,253 | 40,590 | 35,387 |
| Inventory turnover | 123.36 | 122.88 | 108.85 | 95.67 | 94.73 | 88.05 | 93.50 | 96.48 | 110.61 | 90.45 | 95.67 | 121.45 | 155.31 | 125.02 | 119.92 | 153.44 | 138.77 | 192.17 | 188.63 | 224.25 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $11,801,070K ÷ $95,667K
= 123.36
EMCOR Group Inc's inventory turnover ratio shows the number of times the company's inventory was sold and replaced during a specific period. A higher inventory turnover typically indicates efficient management of inventory levels.
Analyzing the inventory turnover data provided:
- The trend shows a decreasing pattern from March 31, 2020 to June 30, 2022, suggesting a decline in the company's ability to turn over its inventory efficiently during this period.
- From September 30, 2022 to December 31, 2024, there is a slight increase in inventory turnover, indicating a potential improvement in managing inventory levels.
Overall, EMCOR Group Inc's inventory turnover ratio fluctuated over the analyzed period, reflecting varying efficiency levels in managing inventory. Further analysis and comparison with industry averages can provide more insights into the company's inventory management performance.
Peer comparison
Dec 31, 2024
Dec 31, 2024