Exelon Corporation (EXC)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 5,911,000 | 5,759,000 | 5,526,000 | 10,684,000 | 9,739,000 |
| Inventory | US$ in thousands | 853,000 | 801,000 | 755,000 | 1,869,000 | 1,722,000 |
| Inventory turnover | 6.93 | 7.19 | 7.32 | 5.72 | 5.66 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $5,911,000K ÷ $853,000K
= 6.93
Exelon Corporation has shown a consistent improvement in its inventory turnover ratio over the past five years. The trend indicates that the company has been more efficient in managing its inventory levels. The inventory turnover ratio has increased from 5.66 in December 2020 to 6.93 in December 2024. This suggests that Exelon is selling its inventory at a faster rate relative to the cost of goods sold.
The highest inventory turnover ratio of 7.32 was observed in December 2022, indicating that the company effectively turned its inventory into sales during that period. Despite a slight dip in 2023, Exelon managed to maintain a healthy inventory turnover ratio above 5 consistently, reflecting effective inventory management practices. Overall, the increasing trend in inventory turnover over the years reflects positively on Exelon's operational efficiency and could potentially lead to improved profitability and cash flows.
Peer comparison
Dec 31, 2024