Matson Inc (MATX)

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 2,565,900 2,557,800 2,527,600 2,485,400 2,470,700 2,467,300 2,581,600 2,705,300 2,811,500 2,918,500 2,829,400 2,716,600 2,557,600 2,343,500 2,190,000 2,000,700 1,904,300 1,835,900 1,812,700 1,859,200
Inventory US$ in thousands — -12,400 27,200 26,000 22,500 -305,200 -285,000 -429,500 -456,700 -575,200 — 0 -23,100 -328,600 0 -261,100 -253,700 — — —
Inventory turnover — — 92.93 95.59 109.81 — — — — — — — — — — — — — — —

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,565,900K ÷ $—K
= —

Inventory turnover is a financial ratio that indicates how effectively a company manages its inventory by measuring the number of times it sells and replaces its inventory within a specific period. A higher inventory turnover ratio is generally preferred as it implies that the company is efficiently managing its inventory levels.

In the case of Matson Inc, the inventory turnover ratio has shown some fluctuations over the past few quarters. The values for inventory turnover were not available for the periods up to September 30, 2021, indicating that the company did not provide data during those times.

From the available data, we observe that the inventory turnover ratio for Matson Inc was 109.81 for December 31, 2023. This exceptionally high ratio suggests that the company was able to sell and replace its inventory more than 100 times during that period, indicating efficient inventory management.

The inventory turnover then decreased to 95.59 for March 31, 2024, and further dropped to 92.93 for June 30, 2024. The decreasing trend in the inventory turnover ratio may suggest a slowdown in the movement of inventory, which could be due to various factors such as changes in demand, production delays, or overstocking.

As the values for the subsequent periods are not available, it is difficult to assess the trend beyond June 30, 2024. However, it would be important for Matson Inc to analyze the reasons behind the decreasing inventory turnover and take necessary actions to optimize its inventory management processes for improved operational efficiency and profitability.