Performance Food Group Co (PFGC)
Inventory turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 55,882,300 | 51,704,100 | 50,999,800 | 45,637,700 | 26,873,700 |
| Inventory | US$ in thousands | 3,887,700 | 3,314,700 | 3,390,000 | 3,428,600 | 1,839,400 |
| Inventory turnover | 14.37 | 15.60 | 15.04 | 13.31 | 14.61 |
June 30, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $55,882,300K ÷ $3,887,700K
= 14.37
The inventory turnover ratio for Performance Food Group Co over the specified periods indicates fluctuations in inventory management efficiency. As of June 30, 2021, the ratio stood at 14.61, reflecting a relatively high frequency of inventory sales and replenishments within the year. This ratio decreased modestly to 13.31 by June 30, 2022, suggesting a slight slowdown in inventory turnover, which could be attributable to increased inventory levels or slower sales during that period.
Subsequently, the ratio increased to 15.04 by June 30, 2023, signaling improved inventory turnover efficiency. This upward movement indicates that inventory was sold and replenished more rapidly than the previous year, potentially reflecting stronger sales performance or better inventory management practices. The trend continued to strengthen, with the ratio reaching 15.60 as of June 30, 2024, marking the highest turnover within the observed timeframe. This suggests an even higher efficiency in converting inventory into sales during this period.
However, a slight decline is observed in the ratio to 14.37 by June 30, 2025. While still higher than the levels recorded in 2021 and 2022, this decrease may indicate a modest slowdown in inventory turnover relative to the peak in 2024. Overall, the data portrays a generally positive trend in inventory management efficiency, characterized by periods of improvement and slight declines, reflecting the company's dynamic inventory and sales cycle over the analyzed timeframe.
Peer comparison
Jun 30, 2025