Kimberly-Clark Corporation (KMB)
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 | 12,849,000 | 12,798,000 | 12,924,000 | 13,103,000 | 13,339,000 | 13,474,000 | 13,690,000 | 13,892,000 | 13,998,000 | 14,125,000 | 14,132,000 | 13,781,000 | 13,312,000 | 13,020,000 | 12,596,000 | 12,199,000 | 12,306,000 | 12,151,000 | 12,143,000 | 12,434,000 |
| Inventory | US$ in thousands | 1,822,000 | 1,937,000 | 1,915,000 | 1,877,000 | 1,955,000 | 2,021,000 | 2,128,000 | 2,224,000 | 2,269,000 | 2,281,000 | 2,278,000 | 2,265,000 | 2,239,000 | 2,098,000 | 2,110,000 | 1,956,000 | 1,903,000 | 1,787,000 | 1,825,000 | 1,539,000 |
| Inventory turnover | 7.05 | 6.61 | 6.75 | 6.98 | 6.82 | 6.67 | 6.43 | 6.25 | 6.17 | 6.19 | 6.20 | 6.08 | 5.95 | 6.21 | 5.97 | 6.24 | 6.47 | 6.80 | 6.65 | 8.08 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $12,849,000K ÷ $1,822,000K
= 7.05
The inventory turnover of Kimberly-Clark Corporation has shown fluctuating trends over the periods provided, ranging from as low as 5.95 to as high as 7.05. The inventory turnover ratio indicates the number of times a company sells and replaces its inventory within a given period.
A higher inventory turnover ratio generally reflects that the company is efficiently managing its inventory levels, which can lead to lower carrying costs and risk of obsolescence. Conversely, a lower ratio may imply that the company's inventory is not selling as quickly, potentially leading to higher carrying costs and a risk of inventory obsolescence.
Kimberly-Clark Corporation's inventory turnover has remained within a relatively stable range around 6 to 7 in recent periods, suggesting that the company has been maintaining a reasonable balance between stocking enough inventory to meet demand without overstocking. This consistent performance in inventory turnover indicates effective inventory management practices within the company.
Peer comparison
Dec 31, 2024
Dec 31, 2024
See also:
Kimberly-Clark Corporation Inventory Turnover (Quarterly Data)