RBC Bearings Incorporated (RBC)
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 | 910,200 | 918,899 | 932,999 | 945,799 | 960,199 | 935,210 | 907,195 | 888,395 | 881,927 | 875,310 | 843,333 | 723,669 | 585,869 | 462,302 | 378,967 | 370,270 | 374,878 | 386,311 | 402,346 | 423,402 |
| Inventory | US$ in thousands | 654,500 | 656,900 | 646,700 | 635,000 | 622,800 | 629,600 | 615,000 | 603,300 | 587,200 | 577,627 | 557,801 | 542,050 | 516,140 | 510,175 | 370,745 | 370,745 | 364,147 | 372,104 | 371,546 | 371,009 |
| Inventory turnover | 1.39 | 1.40 | 1.44 | 1.49 | 1.54 | 1.49 | 1.48 | 1.47 | 1.50 | 1.52 | 1.51 | 1.34 | 1.14 | 0.91 | 1.02 | 1.00 | 1.03 | 1.04 | 1.08 | 1.14 |
March 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $910,200K ÷ $654,500K
= 1.39
The inventory turnover for RBC Bearings Incorporated has fluctuated over the past few years. As of March 31, 2025, the company's inventory turnover ratio stands at 1.39 times, indicating that on average, RBC Bearings has turned over its inventory approximately 1.39 times during the most recent 12-month period.
Looking at the trend, we observe that the inventory turnover ratio has generally been stable within a range of about 1.00 to 1.50 over the last few years. There was a slight dip in the ratio towards the end of 2021, reaching 0.91, but it has since recovered and improved.
A higher inventory turnover ratio typically suggests that the company is efficiently managing its inventory levels, converting inventory into sales quickly, and avoiding excess stock. On the flip side, a low inventory turnover ratio may indicate overstocking, inefficiencies in sales, or declining demand for the company's products.
The recent uptick in the inventory turnover ratio from 1.40 to 1.39 signifies a slightly more efficient management of inventory at RBC Bearings Incorporated, possibly attributed to improved sales performance, supply chain optimizations, or inventory management strategies.
It is important to continue monitoring the inventory turnover ratio to assess the effectiveness of RBC Bearings' inventory management practices and the overall health of its operations.
Peer comparison
Mar 31, 2025
Mar 31, 2025