Prestige Brand Holdings Inc (PBH)

Inventory turnover

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cost of revenue	US$ in thousands	503,299	500,909	502,431	466,166	395,893
Inventory	US$ in thousands	147,709	138,717	162,121	120,342	114,959
Inventory turnover		3.41	3.61	3.10	3.87	3.44

March 31, 2025 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $503,299K ÷ $147,709K
= 3.41

The inventory turnover ratio for Prestige Brand Holdings Inc has shown some fluctuations over the past five years. The ratio stood at 3.44 times as of March 31, 2021, increased to 3.87 times by March 31, 2022, decreased to 3.10 times by March 31, 2023, and it climbed back up to 3.61 times by March 31, 2024, before decreasing slightly to 3.41 times by March 31, 2025.

A higher inventory turnover ratio generally indicates that the company is efficient in managing its inventory levels and turning over its inventory more quickly. On the other hand, a lower ratio may suggest potential issues such as overstocking or difficulties in selling products.

Overall, Prestige Brand Holdings Inc has maintained a relatively stable inventory turnover ratio over the years, indicating a moderate efficiency in managing its inventory levels. However, there may be room for improvement to ensure optimal inventory control and effective utilization of resources.