Stride Inc (LRN)
Inventory turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,461,400 | 1,276,470 | 1,190,290 | 1,090,190 | 1,001,860 |
| Inventory | US$ in thousands | 37,570 | 36,748 | 36,716 | 36,003 | 39,690 |
| Inventory turnover | 38.90 | 34.74 | 32.42 | 30.28 | 25.24 |
June 30, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,461,400K ÷ $37,570K
= 38.90
The inventory turnover ratio for Stride Inc. has demonstrated a consistent upward trend over the fiscal years from June 30, 2021, through June 30, 2025. Specifically, the ratio increased from 25.24 in 2021 to 30.28 in 2022, signifying a rise of approximately 20%. This upward movement continued into 2023, reaching 32.42, which reflects an additional increase of about 7.1% from the previous year. The trend persisted in 2024, with the ratio climbing to 34.74, representing a growth of approximately 7.2% from 2023. The most recent data for June 30, 2025, indicates a further increase to 38.90, amounting to roughly a 12% rise from the prior year.
Overall, the escalating inventory turnover ratios suggest that Stride Inc. has been increasingly efficient in managing its inventory, leading to more rapid sales cycles and reduced holding periods. This trend may reflect improvements in inventory management practices, higher product demand, or more effective sales strategies. The progressive increase across the years indicates a positive shift toward operational efficiency and may imply a healthier sales environment and reduced inventory-related risks.
Peer comparison
Jun 30, 2025