Hawkins Inc (HWKN)
Inventory turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 748,893 | 725,526 | 769,979 | 628,021 | 473,109 |
| Inventory | US$ in thousands | 83,512 | 74,600 | 88,777 | 94,985 | 63,864 |
| Inventory turnover | 8.97 | 9.73 | 8.67 | 6.61 | 7.41 |
March 31, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $748,893K ÷ $83,512K
= 8.97
Hawkins Inc's inventory turnover has shown fluctuating trends over the past five years. In March 2021, the inventory turnover stood at 7.41 times, which indicates that the company effectively rotated its inventory during that period. However, by March 2022, the inventory turnover decreased to 6.61 times, suggesting a slower rate of inventory movement.
Subsequently, there was a notable improvement in inventory turnover to 8.67 times by March 2023, indicating efficient management and faster turnover of inventory. This positive trend continued into March 2024, with the inventory turnover further increasing to 9.73 times, signifying that the company was able to sell and replenish its inventory at a rapid pace.
Although there was a slight decline in inventory turnover to 8.97 times by March 2025, the ratio still indicates a relatively efficient management of inventory. Overall, the fluctuations in inventory turnover suggest varying levels of effectiveness in managing inventory during the period under review.
Peer comparison
Mar 31, 2025