Stericycle Inc (SRCL)
Inventory turnover
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 2,639,700 | 2,651,700 | 2,668,800 | 2,670,500 | 2,693,700 | 2,737,000 | 2,781,600 | 2,756,300 | 2,704,300 | 2,659,600 | 2,575,400 | 2,538,100 | 2,710,400 | 2,261,900 | 2,632,000 | 2,895,600 | 2,978,800 | 3,295,400 | 2,811,100 | 2,467,600 |
| Inventory | US$ in thousands | — | 39,900 | 33,500 | 34,700 | 33,200 | 39,400 | 35,400 | 42,900 | 45,600 | 58,500 | 32,200 | 48,300 | 63,000 | 68,700 | 120,000 | 702,600 | 60,700 | 102,800 | 97,800 | 87,000 |
| Inventory turnover | — | 66.46 | 79.67 | 76.96 | 81.14 | 69.47 | 78.58 | 64.25 | 59.30 | 45.46 | 79.98 | 52.55 | 43.02 | 32.92 | 21.93 | 4.12 | 49.07 | 32.06 | 28.74 | 28.36 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,639,700K ÷ $—K
= —
To calculate the inventory turnover ratio for Stericycle Inc., we require information on Cost of Goods Sold (COGS) and the average inventory level for each period provided. Unfortunately, as the table only provides the inventory turnover ratio data, we cannot compute this ratio.
Inventory turnover ratio is a critical financial metric that gauges how efficiently a company manages its inventory. A higher inventory turnover ratio signifies that a company is selling its products quickly and efficiently, while a lower ratio may indicate potential inventory management issues.
To conduct a comprehensive analysis of Stericycle Inc.'s inventory turnover, we would need access to additional financial data, such as COGS and average inventory levels, for the periods mentioned in the table. This information is crucial to accurately assess the company's inventory management efficiency and provide insights into its operational performance.
Peer comparison
Dec 31, 2023
Dec 31, 2023