United Parcel Service Inc (UPS)
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 | 74,663,000 | 74,720,000 | 72,827,000 | 74,107,000 | 76,397,000 | 80,137,000 | 84,545,000 | 86,501,000 | 87,244,000 | 87,286,000 | 84,715,000 | 83,650,000 | 82,666,000 | 81,515,000 | 81,913,000 | 79,994,000 | 76,814,000 | 72,520,000 | 69,835,000 | 67,493,000 |
| Inventory | US$ in thousands | 826,000 | — | — | 898,000 | 935,000 | — | — | — | 889,000 | — | — | -3,000 | 717,000 | — | — | 1,135,000 | 620,000 | -18,000 | -32,000 | -8,126,000 |
| Inventory turnover | 90.39 | — | — | 82.52 | 81.71 | — | — | — | 98.14 | — | — | — | 115.29 | — | — | 70.48 | 123.89 | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $74,663,000K ÷ $826,000K
= 90.39
The inventory turnover ratio for United Parcel Service Inc has shown fluctuations over the years. From the data provided, the inventory turnover was not available for the first three quarters of 2020 and then spiked to 123.89 times at the end of December 31, 2020. Subsequently, the ratio decreased to 70.48 on March 31, 2021, and remained unavailable for the next quarters.
The ratio then improved to 115.29 by the end of December 31, 2021, but continued to fluctuate in the following periods, reaching 98.14 on December 31, 2022, and 81.71 on December 31, 2023. The inventory turnover slightly increased to 82.52 on March 31, 2024, and the data was not available for the subsequent quarters.
Overall, the inventory turnover ratio for United Parcel Service Inc displays variability, indicating potential changes in the efficiency of managing inventory levels and sales throughout the reported periods. Further analysis of the company's inventory management practices and market conditions could provide insights into these fluctuations.
See also:
United Parcel Service Inc Inventory Turnover (Quarterly Data)