National Presto Industries Inc (NPK)
Inventory turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 349,142 | 310,420 | 286,660 | 279,802 | 274,628 | 273,838 | 296,431 | 281,310 | 277,844 | 266,498 | 249,041 | 272,415 | 279,758 | 291,381 | 287,682 | 284,906 | 280,852 | 267,705 | 262,126 | 245,976 |
| Inventory | US$ in thousands | 277,999 | 277,999 | 263,618 | 228,076 | 203,986 | 190,420 | 182,931 | 166,985 | 159,634 | 152,137 | 176,711 | 156,198 | 151,472 | 143,861 | 150,585 | 143,122 | 141,110 | 135,488 | 136,102 | 132,344 |
| Inventory turnover | 1.26 | 1.12 | 1.09 | 1.23 | 1.35 | 1.44 | 1.62 | 1.68 | 1.74 | 1.75 | 1.41 | 1.74 | 1.85 | 2.03 | 1.91 | 1.99 | 1.99 | 1.98 | 1.93 | 1.86 |
March 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $349,142K ÷ $277,999K
= 1.26
Inventory turnover ratio measures how efficiently a company manages its inventory by indicating how many times the inventory is sold and replaced during a certain period. For National Presto Industries Inc, we observe fluctuations in the inventory turnover ratio over the quarters from June 30, 2020, to March 31, 2025.
The inventory turnover ratio for the company ranged from a low of 1.09 on September 30, 2024, to a high of 2.03 on December 31, 2021. A higher turnover ratio signifies that the company is selling its inventory more frequently, indicating efficient management. Conversely, a lower turnover ratio may imply excess inventory levels or slow-moving inventory.
During the analyzed period, National Presto Industries Inc experienced some fluctuations in its inventory turnover ratio, with peaks and troughs at different points in time. Notably, the ratio generally increased in 2021, reaching its peak in December 2021, before declining in the subsequent quarters.
Overall, a comprehensive analysis of National Presto Industries Inc's inventory turnover reveals variability in how effectively the company is managing its inventory levels to meet customer demand and maximize profitability. This trend indicates the need for continuous monitoring and adjustment of inventory management strategies to optimize efficiency and financial performance.
Peer comparison
Mar 31, 2025
Mar 31, 2025