Mativ Holdings Inc. (MATV)
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 | 1,617,000 | 1,602,400 | 1,609,000 | 1,733,900 | 1,887,700 | 2,059,100 | 2,198,600 | 1,985,600 | 1,729,800 | 1,506,200 | 1,253,600 | 1,216,500 | 1,109,700 | 995,400 | 896,100 | 786,300 | 766,100 | 733,800 | 718,900 | 729,900 |
| Inventory | US$ in thousands | 355,100 | 354,300 | 347,200 | 341,000 | 352,900 | 364,600 | 521,600 | 544,400 | 534,900 | 485,400 | 276,400 | 272,400 | 259,500 | 261,300 | 247,000 | 173,300 | 179,700 | 172,800 | 172,100 | 159,500 |
| Inventory turnover | 4.55 | 4.52 | 4.63 | 5.08 | 5.35 | 5.65 | 4.22 | 3.65 | 3.23 | 3.10 | 4.54 | 4.47 | 4.28 | 3.81 | 3.63 | 4.54 | 4.26 | 4.25 | 4.18 | 4.58 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,617,000K ÷ $355,100K
= 4.55
The inventory turnover ratio for Mativ Holdings Inc. provides insight into how efficiently the company manages its inventory. A higher turnover ratio generally indicates that the company is selling its inventory quickly and efficiently.
Analyzing the data provided, we observe fluctuations in Mativ Holdings Inc.'s inventory turnover over the past few years. The ratio ranged from a low of 3.10 on September 30, 2022, to a high of 5.65 on September 30, 2023. This variability suggests potential changes in the company's inventory management practices or sales performance during these periods.
On average, the inventory turnover ratio for Mativ Holdings Inc. is approximately 4.31 over the period provided. This indicates that, on average, the company sells and replenishes its inventory approximately 4.31 times a year.
Overall, while fluctuations are observed, the company's inventory turnover remains at a reasonably healthy level, indicating efficient management of its inventory levels. Monitoring this ratio over time can help assess the company's operational efficiency and supply chain management.
Peer comparison
Dec 31, 2024
Dec 31, 2024