Kraft Heinz Co (KHC)
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 | 27,981,000 | 25,706,000 | 24,388,000 | 22,933,000 | 23,076,000 | 23,532,000 | 23,018,000 | 24,294,000 | 24,019,000 | 19,016,000 | 18,087,000 | 16,920,000 | 17,462,000 | 21,645,000 | 22,096,000 | 27,487,000 | 27,572,000 | 28,675,000 | 28,028,000 | 23,490,000 |
| Inventory | US$ in thousands | 3,376,000 | 3,872,000 | 3,573,000 | 3,578,000 | 3,614,000 | 3,779,000 | 3,820,000 | 4,016,000 | 3,651,000 | 3,535,000 | 3,433,000 | 3,093,000 | 2,729,000 | 2,839,000 | 2,820,000 | 2,676,000 | 2,773,000 | 2,661,000 | 2,815,000 | 2,831,000 |
| Inventory turnover | 8.29 | 6.64 | 6.83 | 6.41 | 6.39 | 6.23 | 6.03 | 6.05 | 6.58 | 5.38 | 5.27 | 5.47 | 6.40 | 7.62 | 7.84 | 10.27 | 9.94 | 10.78 | 9.96 | 8.30 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $27,981,000K ÷ $3,376,000K
= 8.29
The inventory turnover ratio reflects how efficiently a company manages its inventory. A higher turnover ratio indicates that the company is selling its inventory more quickly.
Looking at Kraft Heinz Co's inventory turnover over the past few years, we can see fluctuations in the ratio. The trend shows a general decline in inventory turnover from March 2020 to December 2024.
The inventory turnover ratio decreased from 8.30 in March 2020 to 8.29 in December 2024. This suggests that the company took more time to sell its inventory in 2024 compared to 2020. However, it's worth noting that there were fluctuations in the ratio throughout the period, indicating variations in the company's inventory management efficiency.
Overall, the decreasing trend in inventory turnover for Kraft Heinz Co raises questions about potential issues such as excess inventory, slow sales, or changes in demand patterns. Further analysis would be needed to understand the factors driving these fluctuations and their impact on the company's overall performance.
Peer comparison
Dec 31, 2024
Dec 31, 2024