Warrior Met Coal Inc (HCC)
Inventory turnover
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,269,170 | 1,213,132 | 1,244,544 | 1,210,182 | 1,143,987 | 1,126,106 | 1,081,932 | 1,055,588 | 944,616 | 921,930 | 774,335 | 699,327 | 699,741 | 725,818 | 784,741 | 757,504 | 755,554 | 703,163 | 750,580 | 843,897 |
| Inventory | US$ in thousands | 207,590 | 191,295 | 173,948 | 165,650 | 183,949 | 108,757 | 137,941 | 129,406 | 154,039 | 143,789 | 140,418 | 110,535 | 59,619 | 94,026 | 140,418 | 135,696 | 118,713 | 155,667 | 153,905 | 117,563 |
| Inventory turnover | 6.11 | 6.34 | 7.15 | 7.31 | 6.22 | 10.35 | 7.84 | 8.16 | 6.13 | 6.41 | 5.51 | 6.33 | 11.74 | 7.72 | 5.59 | 5.58 | 6.36 | 4.52 | 4.88 | 7.18 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,269,170K ÷ $207,590K
= 6.11
Warrior Met Coal Inc's inventory turnover has shown some fluctuations over the period covered in the data. The inventory turnover ratio measures how efficiently the company is managing its inventory by calculating how many times the inventory is being sold and replaced within a certain period.
From March 31, 2020, to December 31, 2024, the inventory turnover ratio ranged from a low of 4.52 to a high of 11.74, indicating varying levels of efficiency in managing inventory levels during different quarters. A higher inventory turnover ratio generally suggests that the company is selling its inventory quickly, which can be a positive signal of efficient operations and strong demand for its products.
The average inventory turnover ratio over this period was approximately 7.04, indicating that, on average, Warrior Met Coal was able to turn over its inventory about 7 times a year. It is important to note that a high inventory turnover ratio may also indicate potential risks, such as stockouts or lost sales due to insufficient inventory levels.
Overall, fluctuations in Warrior Met Coal Inc's inventory turnover ratio should be closely monitored to assess the company's inventory management efficiency and its ability to adapt to changing market conditions.
Peer comparison
Dec 31, 2024
Dec 31, 2024