US Foods Holding Corp (USFD)
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 | 37,265,000 | 36,583,000 | 36,010,000 | 35,344,000 | 34,918,000 | 34,567,000 | 34,390,000 | 34,376,000 | 33,781,000 | 32,952,000 | 31,998,000 | 30,861,000 | 29,369,000 | 27,920,000 | 25,947,000 | 23,038,000 | 23,238,000 | 22,621,000 | 23,192,000 | 24,809,000 |
| Inventory | US$ in thousands | 1,626,000 | 1,618,000 | 1,593,000 | 1,620,000 | 1,600,000 | 1,582,000 | 1,531,000 | 1,625,000 | 1,616,000 | 1,761,000 | 1,793,000 | 1,826,000 | 1,686,000 | 1,565,000 | 1,560,000 | 1,451,000 | 1,273,000 | 1,314,000 | 1,332,000 | 1,426,000 |
| Inventory turnover | 22.92 | 22.61 | 22.61 | 21.82 | 21.82 | 21.85 | 22.46 | 21.15 | 20.90 | 18.71 | 17.85 | 16.90 | 17.42 | 17.84 | 16.63 | 15.88 | 18.25 | 17.22 | 17.41 | 17.40 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $37,265,000K ÷ $1,626,000K
= 22.92
US Foods Holding Corp has demonstrated a relatively stable trend in its inventory turnover ratio over the periods analyzed. The ratio has fluctuated within a narrow range, indicating efficient management of inventory levels.
The inventory turnover ratio ranged between 15.88 and 22.92 over the time frame, with a noticeable increase from March 31, 2022, to December 31, 2024. This rise suggests that the company improved its ability to sell and replace inventory during the later periods.
On average, the inventory turnover ratio stood at around 18.25, indicating that US Foods Holding Corp typically sells and replenishes its inventory around 18 times per year. This frequency suggests effective inventory management and a healthy balance between sales and stock levels.
Overall, the consistent and relatively high inventory turnover ratio maintained by US Foods Holding Corp reflects a successful operational strategy in managing its inventory efficiently and effectively optimizing its resources.
Peer comparison
Dec 31, 2024
Dec 31, 2024