Fluor Corporation (FLR)
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 | 14,997,000 | 14,820,000 | 14,735,000 | 14,178,000 | 13,387,000 | 12,807,000 | 12,570,000 | 12,982,000 | 13,237,000 | 13,373,320 | 13,307,740 | 13,367,850 | 13,748,000 | 14,588,380 | 15,484,280 | 16,633,940 | 17,223,840 | 17,875,040 | 18,151,620 | 18,037,270 |
| Inventory | US$ in thousands | — | — | — | — | — | — | — | — | 854,855 | 848,653 | 895,873 | 958,092 | 237,617 | 366,639 | 1,195,160 | — | — | 1,081,790 | — | — |
| Inventory turnover | — | — | — | — | — | — | — | — | 15.48 | 15.76 | 14.85 | 13.95 | 57.86 | 39.79 | 12.96 | — | — | 16.52 | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $14,997,000K ÷ $—K
= —
As per the provided financial data, there is a lack of specific information regarding Fluor Corporation's inventory turnover for the specified quarters from Q1 2022 to Q4 2023. Without the inventory turnover values, it is challenging to assess the efficiency of Fluor Corporation in managing its inventory levels and converting them into sales during these periods.
Analyzing the inventory turnover ratio is crucial as it indicates how effectively a company is managing its inventory. A high inventory turnover ratio typically suggests that a company is efficiently selling its products and not overstocking, while a low ratio may imply issues such as slow sales, overstocking, or obsolete inventory.
To conduct a thorough analysis of Fluor Corporation's inventory turnover, detailed financial data for each quarter would be necessary. Having this data would allow for a more comprehensive evaluation of the company's inventory management efficiency and its impact on overall operations and financial performance.
Peer comparison
Dec 31, 2023
Dec 31, 2023