ScanSource Inc (SCSC)
Inventory turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,632,160 | 2,887,700 | 3,338,480 | 3,103,410 | 2,800,090 |
| Inventory | US$ in thousands | 483,815 | 512,634 | 757,574 | 614,814 | 470,081 |
| Inventory turnover | 5.44 | 5.63 | 4.41 | 5.05 | 5.96 |
June 30, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $2,632,160K ÷ $483,815K
= 5.44
The inventory turnover ratios for ScanSource Inc. over the specified periods reflect fluctuations in the company's ability to manage and sell its inventory efficiently. As of June 30, 2021, the ratio stood at 5.96, indicating that inventory was replenished approximately six times during the year, suggesting a relatively efficient inventory management practice.
By June 30, 2022, the ratio decreased to 5.05, signaling a slight slowdown in inventory turnover, which could imply increased inventory holdings or reduced sales velocity. The decline continued into June 30, 2023, with the ratio dropping further to 4.41, indicating a more significant reduction in inventory turnover efficiency and potentially pointing to inventory accumulation or a sales decline.
However, a reversal of the trend is observed in the subsequent year. As of June 30, 2024, the ratio increased to 5.63, surpassing previous levels and suggesting an improvement in inventory management or sales performance, leading to more frequent inventory turnover. The ratio slightly declined again to 5.44 by June 30, 2025, remaining higher than the ratios observed in 2022 and 2023, but slightly lower than the peak in 2024.
Overall, the data indicates that ScanSource's inventory turnover experienced periods of decline and recovery over the analyzed years. The recent ratios suggest a return to a more efficient inventory management pattern, though still not reaching the high levels seen in 2021. Variations in these ratios may reflect changes in sales dynamics, inventory policies, or supply chain management practices over this timeframe.
Peer comparison
Jun 30, 2025