US Foods Holding Corp (USFD)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 37,270,000 | 34,922,000 | 33,788,000 | 29,383,000 | 23,278,000 |
| Inventory | US$ in thousands | 1,626,000 | 1,600,000 | 1,616,000 | 1,686,000 | 1,273,000 |
| Inventory turnover | 22.92 | 21.83 | 20.91 | 17.43 | 18.29 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $37,270,000K ÷ $1,626,000K
= 22.92
The inventory turnover ratio for US Foods Holding Corp has shown a consistently increasing trend over the past five years, starting at 18.29 in December 2020 and reaching 22.92 by December 2024. This indicates that the company has been more efficient in managing its inventory levels and turning over its inventory into sales during the period under review. The steady improvement in the inventory turnover ratio suggests better inventory management practices, which can lead to lower carrying costs and potentially higher profitability. Overall, the increasing trend in the inventory turnover ratio reflects positively on the company's operational efficiency and effectiveness in managing its inventory.
Peer comparison
Dec 31, 2024