AT&T Inc (T)

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	55,743,000	97,120,000	83,625,000	83,797,000	83,870,000	66,862,000	80,720,000	80,999,000	83,715,000	66,535,000	69,432,000	72,897,000	73,720,000	86,609,000	87,484,000	90,237,000	89,925,000	82,052,000	82,517,000	80,743,000
Inventory	US$ in thousands	2,270,000	2,529,000	1,816,000	2,127,000	2,177,000	2,520,000	2,348,000	2,791,000	3,123,000	3,935,000	3,241,000	3,153,000	3,464,000	3,088,000	2,810,000	3,347,000	3,592,000	13,948,000	14,514,000	-14,000
Inventory turnover		24.56	38.40	46.05	39.40	38.53	26.53	34.38	29.02	26.81	16.91	21.42	23.12	21.28	28.05	31.13	26.96	25.03	5.88	5.69	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $55,743,000K ÷ $2,270,000K
= 24.56

The inventory turnover ratio for AT&T Inc has shown fluctuating trends over the periods from March 31, 2020, to December 31, 2024. In the most recent period, ending December 31, 2024, the inventory turnover ratio stood at 24.56. This indicates that AT&T Inc converted its inventory into sales approximately 24.56 times during the period.

The inventory turnover ratio has shown periods of improvement and decline throughout the analyzed timeframe. Notable peaks were observed in June 30, 2024, and March 31, 2024, with ratios of 46.05 and 39.40, respectively. Conversely, the lowest ratio was recorded on September 30, 2022, at 16.91, suggesting a slower conversion of inventory into sales during that period.

Overall, a higher inventory turnover ratio typically indicates more efficient inventory management and a quicker turnover of goods. Analyzing inventory turnover ratios over time helps assess the effectiveness of AT&T Inc's inventory management strategies and track any improvements or challenges in this aspect of the business.