Alliant Energy Corp (LNT)

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	2,519,000	2,747,000	2,760,000	2,585,000	2,465,000	2,417,000	2,489,000	2,527,000	2,496,000	2,400,000	2,315,000	2,227,000	2,113,000	2,025,000	1,946,000	1,911,800	1,952,300	1,983,400	2,050,900	2,108,300
Inventory	US$ in thousands	295,000	320,000	323,000	320,000	343,000	-214,000	305,000	282,000	325,000	299,000	240,000	185,000	246,000	218,000	208,000	204,000	217,000	223,000	221,800	220,600
Inventory turnover		8.54	8.58	8.54	8.08	7.19	—	8.16	8.96	7.68	8.03	9.65	12.04	8.59	9.29	9.36	9.37	9.00	8.89	9.25	9.56

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,519,000K ÷ $295,000K
= 8.54

The inventory turnover ratio of Alliant Energy Corp has shown some variability over the period from March 31, 2020, to December 31, 2024. The inventory turnover ratio indicates how efficiently the company is able to manage its inventory by selling its products.

The inventory turnover ratio ranged from a low of 7.19 on December 31, 2023, to a high of 12.04 on March 31, 2022. A higher ratio generally indicates that the company is selling its inventory more quickly, which can be a positive sign of efficiency. Conversely, a lower ratio may suggest potential inefficiencies in managing inventory levels or challenges in selling products.

The slight fluctuations in the inventory turnover ratio for Alliant Energy Corp may be influenced by various factors such as changes in demand for their products, supply chain disruptions, or inventory management strategies. It is essential for the company to monitor and optimize its inventory turnover to ensure efficient operations and profitability in the long term.

Overall, while the inventory turnover ratio of Alliant Energy Corp has shown some volatility, it is important for the company to analyze the underlying reasons for these fluctuations and take appropriate actions to enhance inventory management processes and improve overall operational efficiency.