Lamb Weston Holdings Inc (LW)
Inventory turnover
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | May 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 4,943,200 | 5,233,600 | 4,965,100 | 4,908,500 | 4,941,000 | 4,981,700 | 5,092,900 | 5,196,100 | 5,255,100 | 5,337,600 | 5,027,600 | 4,671,600 | 4,251,000 | 3,745,600 | 3,742,100 | 3,723,400 | 3,727,400 | 3,740,900 | 3,622,600 | 3,475,100 |
| Inventory | US$ in thousands | 1,249,300 | 1,327,200 | 1,135,700 | 1,138,600 | 1,138,600 | 1,210,000 | 1,210,000 | 1,153,600 | 1,153,600 | 872,900 | 872,900 | 932,000 | 932,000 | 837,400 | 837,400 | 822,100 | 822,100 | 635,500 | 635,500 | 574,400 |
| Inventory turnover | 3.96 | 3.94 | 4.37 | 4.31 | 4.34 | 4.12 | 4.21 | 4.50 | 4.56 | 6.11 | 5.76 | 5.01 | 4.56 | 4.47 | 4.47 | 4.53 | 4.53 | 5.89 | 5.70 | 6.05 |
February 28, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $4,943,200K ÷ $1,249,300K
= 3.96
The inventory turnover ratio of Lamb Weston Holdings Inc has fluctuated over the past few years based on the provided data. The inventory turnover indicates how many times a company sells and replaces its inventory within a specific period, reflecting the efficiency of a company in managing its inventory.
The inventory turnover ratio for Lamb Weston Holdings Inc was 6.05 as of May 31, 2022, showing that the company turned over its inventory approximately 6 times during that period. Subsequently, the ratio slightly decreased to 5.70 by August 28, 2022, and further to 5.89 by August 31, 2022.
However, there was a noticeable drop in the inventory turnover ratio to 4.53 by November 27, 2022, which remained consistent until November 30, 2022. The ratio improved slightly to 4.47 by both February 26 and February 28, 2023, indicating a small increase in inventory turnover.
As of May 28, 2023, the inventory turnover ratio increased to 4.56 and further to 5.01 by May 31, 2023, suggesting that the company was managing its inventory more effectively during that period. The ratio continued to rise to 5.76 by August 27, 2023, and peaked at 6.11 by August 31, 2023, demonstrating a significant improvement in inventory turnover efficiency.
However, the ratio declined to 4.56 by November 26, 2023, and remained relatively stable at 4.50 by November 30, 2023. There was a further decrease to 4.21 by February 25, 2024, and 4.12 by February 29, 2024, indicating a potential slowdown in inventory turnover during those periods.
The inventory turnover ratio showed a slight increase to 4.34 by May 26, 2024, but decreased to 4.31 by May 31, 2024. This decline continued with ratios of 4.37 by August 31, 2024, and 3.94 by November 30, 2024, signifying a decrease in the efficiency of inventory management.
By February 28, 2025, the inventory turnover ratio recovered slightly to 3.96, but it remained lower compared to previous periods. Overall, the fluctuation in Lamb Weston Holdings Inc's inventory turnover ratios suggests varying levels of inventory management efficiency during the analyzed periods.
Peer comparison
Feb 28, 2025
Feb 28, 2025