AT&T Inc (T)
Inventory turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 55,743,000 | 56,543,000 | 80,816,000 | 73,720,000 | 90,085,000 |
Inventory | US$ in thousands | 2,270,000 | 2,177,000 | 3,123,000 | 3,325,000 | 3,592,000 |
Inventory turnover | 24.56 | 25.97 | 25.88 | 22.17 | 25.08 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $55,743,000K ÷ $2,270,000K
= 24.56
The inventory turnover ratio for AT&T Inc has been fairly consistent over the past few years. It stood at 25.08 in December 2020, declined slightly to 22.17 in December 2021, but then increased to 25.88 in December 2022. It remained relatively stable around 25.97 in December 2023 and 24.56 in December 2024.
Overall, AT&T Inc has managed its inventory efficiently, with a high turnover rate indicating that the company is effectively selling through its inventory. This could be a positive sign of effective inventory management and operations efficiency within the company. However, a slight decline in the ratio in 2021 may warrant further investigation to ensure optimal inventory control and management practices.
Peer comparison
Dec 31, 2024