Triumph Group Inc (TGI)

Inventory turnover

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 Jun 30, 2020
Cost of revenue (ttm) US$ in thousands 620,377 878,399 872,962 941,463 975,120 988,034 1,013,263 959,933 991,599 1,005,385 997,512 1,051,785 1,073,063 1,147,939 1,256,364 1,376,101 1,476,266 1,673,310 1,878,839 2,119,003
Inventory US$ in thousands 391,317 393,824 358,681 317,671 352,188 434,381 429,386 389,245 400,467 398,075 379,929 361,692 394,532 387,906 412,663 400,366 446,208 465,800 467,105
Inventory turnover 2.24 2.22 2.62 3.07 2.81 2.33 2.24 2.55 2.51 2.51 2.77 2.97 2.91 3.24 3.33 3.69 3.75 4.03 4.54

March 31, 2025 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $620,377K ÷ $—K
= —

Triumph Group Inc's inventory turnover has shown a gradual decline over the past few years, indicating a decrease in the efficiency of managing and selling inventory. The trend started at 4.54 times in June 2020 and decreased to 2.24 times by June 30, 2023. However, there was a slight improvement to 3.07 times by March 31, 2024, before dropping again to 2.24 times by December 31, 2024. Notably, there was no data available for March 31, 2025.

Overall, the decreasing trend in inventory turnover suggests potential issues such as overstocking, slow-moving inventory, or difficulties in converting inventory into sales. The company may need to review its inventory management practices to improve efficiency and optimize working capital utilization.


Peer comparison

Mar 31, 2025

Mar 31, 2025

Company name
Symbol
Inventory turnover
Triumph Group Inc
TGI
AAR Corp
AIR
2.99
Textron Inc
TXT
0.29