Edgewell Personal Care Co (EPC)
Inventory turnover
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,298,000 | 1,310,800 | 1,291,200 | 1,136,100 | 1,068,800 |
| Inventory | US$ in thousands | 477,300 | 492,400 | 449,300 | 345,700 | 314,100 |
| Inventory turnover | 2.72 | 2.66 | 2.87 | 3.29 | 3.40 |
September 30, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,298,000K ÷ $477,300K
= 2.72
The inventory turnover ratio for Edgewell Personal Care Co has fluctuated over the past five years, indicating varying efficiency in managing its inventory.
The ratio was 2.72 in 2024, slightly higher than the previous year's ratio of 2.66. This suggests that the company took about 2.72 times to sell and replace its inventory during the year.
Comparing to earlier years, the inventory turnover was 2.87 in 2022, 3.29 in 2021, and 3.40 in 2020. The decreasing trend in inventory turnover from 2020 to 2024 may indicate potential issues such as overstocking, slow-moving inventory, or challenges in demand forecasting.
Overall, although the inventory turnover ratios have been relatively stable in recent years, there is a slight downward trend, highlighting the need for Edgewell Personal Care Co to focus on optimizing inventory management to improve efficiency and profitability.
Peer comparison
Sep 30, 2024