Edgewell Personal Care Co (EPC)
Inventory turnover
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,298,000 | 1,298,700 | 1,307,700 | 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 |
| Inventory | US$ in thousands | 477,300 | 455,900 | 496,400 | 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 |
| Inventory turnover | 2.72 | 2.85 | 2.63 | 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 |
September 30, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,298,000K ÷ $477,300K
= 2.72
The inventory turnover ratio for Edgewell Personal Care Co has shown some fluctuations over the past two years. The ratio indicates how effectively the company is managing its inventory by measuring how many times inventory is sold and replaced within a given period.
From Dec 2021 to Jun 2022, the inventory turnover ratio remained relatively stable, ranging between 2.78 to 3.07. This suggests that during this period, Edgewell Personal Care Co was able to efficiently manage its inventory levels and sell through its products at a steady pace.
However, from Sep 2022 to Sep 2023, there was a slight decrease in the inventory turnover ratio, with the ratio ranging from 2.47 to 2.66. This could indicate that during this time, the company may have experienced challenges in effectively managing its inventory, resulting in a slower rate of inventory turnover.
In the more recent periods, from Dec 2023 to Sep 2024, the inventory turnover ratio has hovered around 2.53 to 2.85. This suggests that Edgewell Personal Care Co has been able to improve its inventory management efficiency compared to the previous period, but there is still room for further optimization.
Overall, the trend in the inventory turnover ratio for Edgewell Personal Care Co indicates varying levels of efficiency in managing its inventory over the analyzed periods. A higher inventory turnover ratio generally reflects better inventory management practices, so the company may benefit from monitoring and improving its inventory turnover to ensure optimal operations.
Peer comparison
Sep 30, 2024
Sep 30, 2024