Koppers Holdings Inc (KOP)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,669,500 | 1,787,600 | 1,635,900 | 1,344,500 | 1,308,700 |
| Inventory | US$ in thousands | 404,600 | 395,700 | 355,700 | 313,800 | 295,800 |
| Inventory turnover | 4.13 | 4.52 | 4.60 | 4.28 | 4.42 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,669,500K ÷ $404,600K
= 4.13
Based on the data provided, Koppers Holdings Inc has maintained a relatively stable inventory turnover ratio over the past five years. The inventory turnover ratio measures how efficiently a company manages its inventory by showing how many times the inventory is sold and replaced within a given period.
From 2020 to 2024, Koppers Holdings Inc's inventory turnover ranged from 4.13 to 4.60. The slight fluctuations in the ratio indicate a consistent performance in managing its inventory levels. Generally, a higher inventory turnover ratio suggests that the company is selling its inventory quickly and efficiently, while a lower ratio may indicate overstocking or slow-moving inventory.
Koppers Holdings Inc's average inventory turnover ratio for the period was approximately 4.39. This indicates that, on average, the company is able to sell and replace its inventory about four times a year. Overall, a stable inventory turnover ratio suggests that Koppers Holdings Inc has been effectively managing its inventory levels to support its operations and sales objectives.
Peer comparison
Dec 31, 2024