Matson Inc (MATX)

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	296,900	290,400	282,300	276,000	272,400	267,700	260,600	254,500	247,400	242,000	243,300	235,400	235,900	229,500	223,500	228,200	227,900	233,300	235,100	234,400
Inventory	US$ in thousands	—	-305,200	-285,000	-429,500	-456,700	-575,200	—	—	-23,100	-328,600	—	-261,100	-253,700	—	—	—	-218,700	-223,900	-213,000	-217,900
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $296,900K ÷ $—K
= —

As the information for Matson Inc's inventory turnover is not provided in the table, we are unable to calculate the inventory turnover ratio for each specific quarter. However, inventory turnover is a critical ratio that measures the efficiency of a company in managing its inventory. A higher inventory turnover ratio indicates that the company is selling its products quickly and efficiently, while a lower ratio may suggest overstocking or slow-moving inventory.

To conduct a more in-depth analysis, it would be beneficial to obtain historical data on the cost of goods sold and average inventory levels for each quarter to calculate the inventory turnover ratio. This ratio can provide insights into Matson Inc's inventory management practices and its ability to convert inventory into sales. Additionally, comparing the inventory turnover ratio to industry benchmarks or historical trends can help assess the company's performance and identify areas for improvement.