Sealed Air Corporation (SEE)
Inventory turnover
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 3,799,400 | 3,824,000 | 3,848,900 | 3,865,300 | 3,865,600 | 3,856,900 | 3,855,200 | 3,872,100 | 3,869,000 | 3,943,200 | 3,979,400 | 3,927,500 | 3,852,900 | 3,713,300 | 3,543,000 | 3,376,500 | 3,293,900 | 3,247,000 | 3,240,800 | 3,262,200 |
| Inventory | US$ in thousands | 722,200 | 807,300 | 806,100 | 790,200 | 774,300 | 834,200 | 938,800 | 961,700 | 866,300 | 962,400 | 932,700 | 843,700 | 725,700 | 741,000 | 730,700 | 652,300 | 596,700 | 630,900 | 638,200 | 568,200 |
| Inventory turnover | 5.26 | 4.74 | 4.77 | 4.89 | 4.99 | 4.62 | 4.11 | 4.03 | 4.47 | 4.10 | 4.27 | 4.66 | 5.31 | 5.01 | 4.85 | 5.18 | 5.52 | 5.15 | 5.08 | 5.74 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $3,799,400K ÷ $722,200K
= 5.26
Sealed Air Corporation's inventory turnover ratio has shown fluctuations over the given period, ranging from 4.03 to 5.74. The inventory turnover ratio measures how efficiently a company manages its inventory levels by indicating the number of times a company sells and replaces its inventory within a specific timeframe. A higher inventory turnover ratio generally indicates that a company is selling its inventory quickly and efficiently.
From March 31, 2020, to December 31, 2020, the inventory turnover ratio consistently increased from 5.74 to 5.52, suggesting an improvement in inventory management efficiency. However, from March 31, 2021, to June 30, 2022, the ratio experienced a downward trend, reaching a low of 4.27, indicating potential challenges in managing inventory levels effectively during this period.
The company then saw a slight increase in the inventory turnover ratio from September 30, 2022, to December 31, 2022, followed by a significant drop by March 31, 2023. The ratio continued to fluctuate over the subsequent quarters, with some improvement by December 31, 2024, where it reached 5.26.
Overall, Sealed Air Corporation's inventory turnover ratio has displayed variability, indicating potential shifts in inventory management practices and sales performance during the period under review. Further analysis and comparison with industry benchmarks may provide insights into the company's inventory management effectiveness and overall operational performance.
Peer comparison
Dec 31, 2024
Dec 31, 2024