Skyline Corporation (SKY)
Inventory turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | — | 1,539,030 | 1,787,880 | 1,618,110 | 1,133,190 |
| Inventory | US$ in thousands | — | 318,737 | 202,238 | 241,334 | 166,113 |
| Inventory turnover | — | 4.83 | 8.84 | 6.70 | 6.82 |
March 31, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $—K ÷ $—K
= —
The inventory turnover ratio for Skyline Corporation has shown some variations over the years.
- In March 31, 2021, the inventory turnover ratio was 6.82, indicating that the company was able to turn over its inventory approximately 6.82 times during the year.
- By March 31, 2022, the inventory turnover slightly decreased to 6.70, suggesting a slight decrease in efficiency in managing inventory turnover compared to the previous year.
- The inventory turnover significantly improved by March 31, 2023, reaching 8.84. This indicates that the company was able to efficiently manage its inventory, turning it over almost 9 times within the year.
- However, by March 31, 2024, the inventory turnover ratio dropped to 4.83, which may signify potential issues such as overstocking, obsolescence, or slower sales turnover.
- The data for March 31, 2025 is not available (marked as "—"), so it is not possible to make an analysis for that year.
Overall, fluctuations in the inventory turnover ratio highlight changes in the company's ability to manage its inventory efficiently. It is important for Skyline Corporation to maintain a balance in inventory levels to ensure optimal utilization and minimize the risk of excess or obsolete inventory. Periodic monitoring and analysis of inventory turnover can provide insights into the company's operational efficiency and inventory management practices.
Peer comparison
Mar 31, 2025