Union Pacific Corporation (UNP)
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 | 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 | 8,981,000 | 9,530,000 | 9,804,000 | 9,973,000 |
| Inventory | US$ in thousands | 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 | 751,000 | 771,000 | 775,000 | 780,000 |
| Inventory turnover | 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 | 11.96 | 12.36 | 12.65 | 12.79 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $10,195,000K ÷ $743,000K
= 13.72
Based on the data provided for Union Pacific Corp.'s inventory turnover for the last eight quarters, it appears that the company had an inventory turnover of 0.00 for each quarter. An inventory turnover ratio of 0.00 suggests that the company's inventory was not turning over during these periods, indicating possible inefficiencies in managing and utilizing its inventory. This may raise concerns about the company's inventory management practices, potentially leading to excess inventory levels or obsolete stock. Further analysis and investigation are necessary to understand the reasons behind the consistently low inventory turnover and to address any underlying issues affecting the company's inventory management efficiency.
Peer comparison
Dec 31, 2023
Dec 31, 2023
See also:
Union Pacific Corporation Inventory Turnover (Quarterly Data)