John B Sanfilippo & Son Inc (JBSS)
Inventory turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 903,775 | 852,644 | 788,055 | 756,241 | 673,495 |
| Inventory | US$ in thousands | 254,600 | 196,563 | 172,936 | 204,855 | 147,998 |
| Inventory turnover | 3.55 | 4.34 | 4.56 | 3.69 | 4.55 |
June 30, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $903,775K ÷ $254,600K
= 3.55
The inventory turnover ratio for John B Sanfilippo & Son Inc has exhibited variability over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the ratio stood at 4.55 in 2021, indicating that the company's inventory was sold and replenished approximately 4.55 times during that fiscal year. In 2022, there was a decline to 3.69, suggesting a slower rate of inventory turnover and potentially indicating increasing inventory levels relative to sales or slower sales velocity.
In 2023, the ratio rebounded to 4.56, surpassing the 2021 level and implying an improvement in inventory management efficiency or sales performance. However, in 2024, the ratio decreased slightly to 4.34, indicating a marginal slowdown compared to the previous year, but still maintaining a level consistent with the earlier years.
By 2025, the ratio further declined to 3.55, reflecting a notable decrease in inventory turnover. This decline may signal increased inventory holdings, reduced sales efficiency, or a strategic change in inventory management practices.
Overall, the trend reveals fluctuations in inventory turnover with periods of both improvement and decline. The recent downward movement toward 2025 could warrant further analysis to understand underlying factors such as market conditions, sales dynamics, or inventory management strategies affecting inventory liquidity.
Peer comparison
Jun 30, 2025