Sysco Corporation (SYY)
Inventory turnover
| Jun 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 66,401,000 | 65,967,600 | 65,753,000 | 65,055,300 | 64,297,000 | 63,622,200 | 63,264,100 | 62,705,100 | 62,372,900 | 61,798,400 | 60,213,300 | 58,398,100 | 56,242,400 | 53,994,200 | 49,836,920 | 45,868,340 | 41,941,070 | 36,020,880 | 37,453,460 | 40,189,540 |
| Inventory | US$ in thousands | 5,053,000 | 4,893,000 | 5,050,000 | 4,991,000 | 4,678,000 | 4,733,970 | 4,722,500 | 4,648,610 | 4,480,810 | 4,620,610 | 4,661,520 | 4,682,610 | 4,437,500 | 4,409,090 | 4,115,680 | 4,054,840 | 3,695,220 | 3,218,830 | 3,100,480 | 3,134,730 |
| Inventory turnover | 13.14 | 13.48 | 13.02 | 13.03 | 13.74 | 13.44 | 13.40 | 13.49 | 13.92 | 13.37 | 12.92 | 12.47 | 12.67 | 12.25 | 12.11 | 11.31 | 11.35 | 11.19 | 12.08 | 12.82 |
June 30, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $66,401,000K ÷ $5,053,000K
= 13.14
The inventory turnover for Sysco Corporation over the period from September 30, 2020, to June 30, 2025, exhibits notable stability with gradual fluctuations within a relatively narrow range. Starting at 12.82 times in September 2020, the ratio experienced a slight decline through the subsequent quarters, reaching a low of approximately 11.19 in March 2021. This dip may reflect temporary disruptions or shifts in inventory management during that period.
Subsequently, the inventory turnover demonstrates an upward trend, indicating improvements in inventory efficiency. By June 2021, the ratio increased to approximately 11.35, and continued to rise steadily thereafter, surpassing the prior high in September 2022 with a value of 12.47. The most recent data points reveal further incremental increases, culminating at 13.48 in March 2025, suggesting that the company has maintained an efficient inventory management strategy with a reasonably high frequency of inventory turnover.
Overall, the trend indicates a consistent capacity to convert inventory into sales, with the ratio trending upward over time, signifying effective inventory control and operational efficiency. The slight fluctuations reflect normal seasonal or operational variations, but the overarching pattern underscores a generally positive trajectory in inventory management performance during the analyzed period.
Peer comparison
Jun 30, 2025
Jun 30, 2025