Lumen Technologies Inc (LUMN)

Inventory turnover

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Cost of revenue (ttm) US$ in thousands 25,990,000 28,649,000 28,852,000 20,476,000 20,796,000 14,638,000 14,795,000 15,013,000 15,464,000 21,381,000 21,904,000 22,275,000 22,491,000 12,976,000 13,353,000 13,666,000 27,035,000 27,029,000 27,297,000 27,830,000
Inventory US$ in thousands 209,000 227,000 205,000 223,000 236,000 179,000 151,000 128,000 96,000 103,000 114,000 100,000 105,000 112,000 122,000 119,000 105,000 137,000 151,000 154,000
Inventory turnover 124.35 126.21 140.74 91.82 88.12 81.78 97.98 117.29 161.08 207.58 192.14 222.75 214.20 115.86 109.45 114.84 257.48 197.29 180.77 180.71

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $25,990,000K ÷ $209,000K
= 124.35

Lumen Technologies Inc's inventory turnover has shown a fluctuating trend over the past eight quarters. The company's inventory turnover ratio ranged from 31.86 to 65.13 during this period, indicating varying efficiency in managing and selling its inventory. Q2 and Q3 of 2022 demonstrated the highest inventory turnover ratios of 54.83 and 65.13, respectively, reflecting a rapid conversion of inventory into sales, possibly due to effective inventory management practices or strong demand for their products. However, the ratio dropped in subsequent quarters, with Q4 2023 reporting the lowest turnover ratio of 34.18. This decline may suggest challenges in managing inventory levels or slower sales during that period. Overall, monitoring Lumen Technologies Inc's inventory turnover can provide insights into its operational efficiency and effectiveness in utilizing its inventory resources.


Peer comparison

Dec 31, 2023

Dec 31, 2023