Post Holdings Inc (POST)
Inventory turnover
| 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 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 5,617,800 | 5,577,100 | 5,564,500 | 5,351,200 | 5,109,300 | 4,901,800 | 4,704,200 | 4,529,300 | 4,383,700 | 4,220,600 | 3,939,800 | 3,746,100 | 3,742,900 | 3,040,800 | 3,061,000 | 3,278,900 | 3,261,600 | 3,930,900 | 4,008,400 | 3,889,500 |
| Inventory | US$ in thousands | 754,200 | 795,000 | 802,700 | 824,800 | 789,900 | 779,300 | 594,300 | 596,600 | 549,100 | 524,500 | 517,500 | 621,600 | 476,600 | 670,100 | 639,700 | 584,400 | 599,400 | 609,600 | 569,000 | 588,200 |
| Inventory turnover | 7.45 | 7.02 | 6.93 | 6.49 | 6.47 | 6.29 | 7.92 | 7.59 | 7.98 | 8.05 | 7.61 | 6.03 | 7.85 | 4.54 | 4.79 | 5.61 | 5.44 | 6.45 | 7.04 | 6.61 |
September 30, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $5,617,800K ÷ $754,200K
= 7.45
The inventory turnover ratio for Post Holdings Inc has shown a fluctuating trend over the past few quarters. The ratio indicates how effectively the company is managing its inventory by measuring the number of times the inventory is sold and replaced over a specific period.
From the data provided, we observe that the inventory turnover ratio has ranged between 4.54 and 8.05 over the past eight quarters. In general, a higher inventory turnover ratio is preferable as it suggests that the company is efficiently selling its products and not holding excessive levels of inventory.
Post Holdings Inc's inventory turnover ratio has shown relative stability, with some variability quarter to quarter. The peak in inventory turnover was seen in March 2023 at 7.92, indicating a higher rate of inventory turnover during that period. Conversely, the lowest ratio was recorded in June 2021 at 4.54, suggesting a slower rate of inventory turnover during that specific period.
Overall, while the company's inventory turnover ratios have fluctuated, they generally indicate a moderate to good level of efficiency in managing inventory. Significant changes in inventory turnover ratios may warrant further investigation into the company's inventory management practices and sales performance.
Peer comparison
Sep 30, 2024
Sep 30, 2024