Alliant Energy Corp (LNT)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,201,000 | 2,293,000 | 2,496,000 | 2,113,000 | 1,953,000 |
| Inventory | US$ in thousands | 295,000 | 343,000 | 325,000 | 246,000 | 217,000 |
| Inventory turnover | 7.46 | 6.69 | 7.68 | 8.59 | 9.00 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $2,201,000K ÷ $295,000K
= 7.46
The inventory turnover ratio for Alliant Energy Corp has shown a declining trend over the years, decreasing from 9.00 in December 31, 2020, to 7.46 in December 31, 2024. This indicates that the company is taking longer to sell its inventory or is holding more inventory relative to its sales. A decreasing inventory turnover ratio may suggest inefficiencies in inventory management, such as overstocking, slow-moving inventory, or potential issues with demand forecasting. Further investigation into the company's inventory management practices and supply chain efficiency may be necessary to optimize inventory turnover and improve overall operational performance.
Peer comparison
Dec 31, 2024