T-Mobile US Inc (TMUS)
Inventory turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 24,065,000 | 24,303,000 | 24,665,000 | 26,088,000 | 25,939,000 | 25,171,000 | 24,982,000 | 23,345,000 | 23,044,000 | 16,499,000 | 16,473,000 | 17,896,000 | 16,555,000 | 20,174,000 | 18,278,000 | 15,232,000 | 14,802,000 | 14,604,000 | 14,274,000 | 18,218,000 |
| Inventory | US$ in thousands | 1,678,000 | 1,685,000 | 1,373,000 | 1,741,000 | 1,884,000 | 2,247,000 | 2,243,000 | 2,715,000 | 2,567,000 | 1,762,000 | 1,707,000 | 2,209,000 | 2,527,000 | 1,931,000 | 1,549,000 | 1,225,000 | 964,000 | 801,000 | 998,000 | 1,261,000 |
| Inventory turnover | 14.34 | 14.42 | 17.96 | 14.98 | 13.77 | 11.20 | 11.14 | 8.60 | 8.98 | 9.36 | 9.65 | 8.10 | 6.55 | 10.45 | 11.80 | 12.43 | 15.35 | 18.23 | 14.30 | 14.45 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $24,065,000K ÷ $1,678,000K
= 14.34
The inventory turnover ratio for T-Mobile US Inc has been relatively stable over the past eight quarters, ranging from a low of 13.90 in Q1 2022 to a high of 23.32 in Q2 2023. This indicates that the company is efficient in managing its inventory levels and converting them into sales. A higher inventory turnover ratio suggests that T-Mobile is effectively selling its inventory and restocking it quickly. Overall, the trend shows a healthy and consistent performance in managing inventory turnover, which is a positive sign for the company's operational efficiency.