Premier Inc (PINC)
Inventory turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 269,288 | 458,349 | 439,806 | 547,862 | 883,818 |
| Inventory | US$ in thousands | — | 79,799 | 76,932 | 119,652 | 176,376 |
| Inventory turnover | — | 5.74 | 5.72 | 4.58 | 5.01 |
June 30, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $269,288K ÷ $—K
= —
The inventory turnover ratio for Premier Inc has exhibited notable fluctuations over the one-year periods from June 30, 2021, through June 30, 2024. Specifically, the ratio decreased from 5.01 in 2021 to 4.58 in 2022, indicating a slight decline in inventory efficiency, potentially reflecting accumulating inventory levels or slower sales relative to inventory. Subsequently, the ratio increased substantially to 5.72 in 2023, illustrating an improvement in inventory management and a more rapid turnover of stock, which could suggest enhanced sales performance or better inventory control strategies. The trend continued modestly into 2024, with the ratio reaching 5.74, signifying continued efficiency gains. Data beyond June 30, 2024, is unavailable. Overall, the pattern suggests a positive trajectory in inventory turnover, indicating an improvement in Premier Inc’s inventory management performance during this period.
Peer comparison
Jun 30, 2025