Knowles Cor (KN)

To analyze Knowles Cor's inventory turnover, we examine the trend over the five-year period from 2020 to 2024. Inventory turnover measures how efficiently a company manages its inventory by determining how many times it sells and replaces its inventory within a given period.

- In 2020, Knowles Cor had an inventory turnover of 3.79, indicating that the company sold and replaced its inventory approximately 3.79 times during the year.
- The inventory turnover decreased to 3.32 in 2021, suggesting a slight decline in inventory management efficiency compared to the previous year.
- By the end of 2022, the inventory turnover further decreased to 2.88, signaling a more significant drop in the rate at which the company sold and replaced its inventory.
- However, there was a recovery in 2023 as the inventory turnover improved to 3.34, indicating a higher level of efficiency in managing inventory compared to the previous year.
- The trend reversed in 2024 with an inventory turnover of 2.70, representing a decline in inventory management efficiency once again.

Overall, the fluctuating trend in Knowles Cor's inventory turnover over the five-year period suggests that the company's inventory management practices may not be consistent. The company experienced both improvements and declines in efficiency in managing its inventory, which could impact its profitability and cash flow. Further analysis and investigation into the factors influencing these fluctuations would be necessary to determine the underlying reasons for the changes in inventory turnover.

Peer comparison

Dec 31, 2024