Edgewell Personal Care Co (EPC)
Inventory turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,322,500 | 1,310,800 | 1,323,200 | 1,336,400 | 1,297,600 | 1,291,200 | 1,271,700 | 1,192,200 | 1,152,500 | 1,137,200 | 1,105,500 | 1,063,300 | 1,065,700 | 1,068,800 | 1,100,100 | 1,155,900 | 1,171,700 | 1,174,400 | 1,182,100 | 1,183,000 |
| Inventory | US$ in thousands | 521,900 | 492,400 | 502,500 | 540,500 | 540,200 | 449,300 | 414,100 | 429,100 | 407,500 | 345,700 | 359,200 | 354,200 | 337,000 | 314,100 | 323,500 | 340,100 | 367,000 | 357,200 | 372,700 | 388,600 |
| Inventory turnover | 2.53 | 2.66 | 2.63 | 2.47 | 2.40 | 2.87 | 3.07 | 2.78 | 2.83 | 3.29 | 3.08 | 3.00 | 3.16 | 3.40 | 3.40 | 3.40 | 3.19 | 3.29 | 3.17 | 3.04 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,322,500K ÷ $521,900K
= 2.53
The inventory turnover ratio for Edgewell Personal Care Co has been fluctuating over the past eight quarters, ranging from a low of 2.40 in Q1 2023 to a high of 3.07 in Q3 2022. Overall, the company's inventory turnover has shown a downward trend in recent quarters. The ratio indicates that Edgewell Personal Care Co is turning over its inventory less frequently compared to previous quarters. This could suggest potential issues with inventory management efficiency, such as overstocking or slow-moving inventory. Further analysis and comparison with industry standards are recommended to better understand the implications of these fluctuations in the inventory turnover ratio for the company's operations and financial performance.
Peer comparison
Dec 31, 2023
Dec 31, 2023