Matson Inc (MATX)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 296,900 | 272,400 | 247,400 | 235,900 | 227,900 |
| Inventory | US$ in thousands | — | -456,700 | -366,800 | -253,700 | -218,700 |
| Inventory turnover | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $296,900K ÷ $—K
= —
To calculate the inventory turnover for Matson Inc, we need the cost of goods sold (COGS) and the average inventory for each year. Since specific values are not provided in the table, we are unable to compute the inventory turnover ratio.
Inventory turnover measures how effectively a company is managing its inventory by indicating how many times a company sells and replaces its inventory during a specific period. A higher turnover ratio indicates efficient inventory management, whereas a lower ratio may suggest overstocking or slow-moving inventory.
To evaluate Matson Inc's inventory turnover performance, further information on COGS and inventory levels is essential. Without this data, a thorough analysis of the company's inventory turnover trend and comparison to industry benchmarks cannot be provided.
Peer comparison
Dec 31, 2023