Union Pacific Corporation (UNP)
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 | 9,767,000 | 9,943,000 | 10,008,000 | 10,130,000 | 10,195,000 | 10,199,000 | 10,496,000 | 10,588,000 | 10,452,000 | 9,826,000 | 9,214,000 | 8,715,000 | 8,351,000 | 8,153,000 | 7,890,000 | 7,536,000 | 7,607,000 | 7,867,000 | 8,198,000 | 8,755,000 |
| Inventory | US$ in thousands | 769,000 | 775,000 | 807,000 | 770,000 | 743,000 | 770,000 | 742,000 | 728,000 | 741,000 | 794,000 | 790,000 | 726,000 | 621,000 | 664,000 | 688,000 | 659,000 | 638,000 | 649,000 | 668,000 | 692,000 |
| Inventory turnover | 12.70 | 12.83 | 12.40 | 13.16 | 13.72 | 13.25 | 14.15 | 14.54 | 14.11 | 12.38 | 11.66 | 12.00 | 13.45 | 12.28 | 11.47 | 11.44 | 11.92 | 12.12 | 12.27 | 12.65 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $9,767,000K ÷ $769,000K
= 12.70
The inventory turnover of Union Pacific Corporation has shown relatively stable performance over the analyzed period. It has ranged between 11.44 and 14.54 times, indicating that on average, the company's inventory is sold and replaced approximately 11 to 14 times in a year.
During the period, the inventory turnover peaked at 14.54 times on March 31, 2023, and hit its lowest at 11.44 times on March 31, 2021. This suggests that the company efficiently managed its inventory levels during this timeframe.
Overall, the inventory turnover ratio of Union Pacific Corporation demonstrates a healthy trend, indicating effective inventory management practices by the company as it operates within the railroad industry.
Peer comparison
Dec 31, 2024
Dec 31, 2024
See also:
Union Pacific Corporation Inventory Turnover (Quarterly Data)