Telephone and Data Systems Inc (TDS)

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	2,601,000	2,644,000	2,695,000	2,507,000	2,334,000	2,389,000	2,525,000	2,577,000	2,565,000	2,573,000	2,479,000	2,459,000	2,471,000	2,471,000	2,461,000	2,408,000	2,355,000	2,314,000	2,323,000	2,329,000
Inventory	US$ in thousands	183,000	167,000	148,000	184,000	208,000	181,000	216,000	269,000	268,000	252,000	213,000	184,000	178,000	142,000	189,000	145,000	154,000	164,000	152,000	218,000
Inventory turnover		14.21	15.83	18.21	13.62	11.22	13.20	11.69	9.58	9.57	10.21	11.64	13.36	13.88	17.40	13.02	16.61	15.29	14.11	15.28	10.68

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,601,000K ÷ $183,000K
= 14.21

Telephone and Data Systems Inc's inventory turnover ratio has exhibited fluctuations over the reporting periods provided. The inventory turnover ratio, which measures the efficiency with which the company is able to sell its inventory, ranged from a low of 9.57 to a high of 18.21.

In March 2020, the inventory turnover ratio stood at 10.68 and showed an upward trend, reaching its peak at 18.21 in June 2024. This indicates that the company was able to sell its inventory more frequently in that period.

However, the ratio experienced a decline in the subsequent periods and recorded a low of 9.58 in March 2023. This suggests potential inefficiencies in managing and selling inventory during that particular period.

Overall, the inventory turnover ratio for Telephone and Data Systems Inc has shown fluctuations but generally remained within a moderate range, indicating variations in the company's ability to efficiently manage its inventory levels and sales.