Koppers Holdings Inc (KOP)
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 | 1,706,600 | 1,745,100 | 1,751,000 | 1,754,600 | 1,744,900 | 1,719,500 | 1,720,200 | 1,674,900 | 1,635,900 | 1,561,800 | 1,471,000 | 1,395,500 | 1,344,500 | 1,316,000 | 1,296,900 | 1,287,700 | 1,308,700 | 1,323,100 | 1,375,600 | 1,416,500 |
| Inventory | US$ in thousands | 404,600 | 405,900 | 402,300 | 399,000 | 395,700 | 369,600 | 373,100 | 379,200 | 355,700 | 306,000 | 326,600 | 329,700 | 313,800 | 295,100 | 288,900 | 294,100 | 295,800 | 266,900 | 261,100 | 276,200 |
| Inventory turnover | 4.22 | 4.30 | 4.35 | 4.40 | 4.41 | 4.65 | 4.61 | 4.42 | 4.60 | 5.10 | 4.50 | 4.23 | 4.28 | 4.46 | 4.49 | 4.38 | 4.42 | 4.96 | 5.27 | 5.13 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,706,600K ÷ $404,600K
= 4.22
The inventory turnover for Koppers Holdings Inc shows a relatively stable trend over the past several quarters, ranging from a low of 4.22 in December 31, 2024, to a high of 5.27 in June 30, 2020. The company's inventory turnover ratio indicates how many times the company's inventory has been sold and replaced over a specific period.
Overall, Koppers Holdings Inc's inventory turnover ratio has been consistently above 4, which suggests that the company efficiently manages its inventory by selling and replacing stock multiple times in a year. However, a declining trend in the inventory turnover ratio from the earlier quarters may indicate potential issues such as overstocking, slowing sales, or inefficiencies in inventory management that could lead to increased carrying costs or obsolete inventory.
It is important for Koppers Holdings Inc to monitor its inventory turnover ratio closely and take necessary actions to optimize its inventory levels to maintain a healthy balance between meeting customer demand and controlling carrying costs. The company should also consider refining its inventory management practices to ensure efficient utilization of resources and maintain profitability.
Peer comparison
Dec 31, 2024
Dec 31, 2024