Leidos Holdings Inc (LDOS)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 13,864,000 | 13,194,000 | 12,312,000 | 11,723,000 | 10,560,000 |
| Inventory | US$ in thousands | 315,000 | 310,000 | 287,000 | 274,000 | 276,000 |
| Inventory turnover | 44.01 | 42.56 | 42.90 | 42.78 | 38.26 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $13,864,000K ÷ $315,000K
= 44.01
Leidos Holdings Inc's inventory turnover has shown a positive trend over the past five years. The ratio increased from 38.26 in December 31, 2020, to 44.01 in December 31, 2024. This indicates that the company is managing its inventory more efficiently, as it is selling its inventory more frequently in recent years. A higher inventory turnover ratio signifies that the company is selling goods more quickly, reducing carrying costs, and potentially improving cash flow. Overall, the increasing trend in Leidos Holdings Inc's inventory turnover ratio is a positive signal of effective inventory management within the company.
Peer comparison
Dec 31, 2024