Vishay Intertechnology Inc (VSH)
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 | 2,311,295 | 2,323,283 | 2,354,823 | 2,411,091 | 2,427,552 | 2,449,158 | 2,468,408 | 2,436,060 | 2,438,412 | 2,445,350 | 2,398,017 | 2,385,576 | 2,352,574 | 2,254,354 | 2,154,878 | 2,016,077 | 1,919,995 | 1,879,315 | 1,869,114 | 1,928,706 |
| Inventory | US$ in thousands | 689,381 | 687,204 | 671,323 | 665,843 | 647,520 | 643,542 | 660,039 | 656,681 | 618,879 | 615,877 | 633,848 | 602,887 | 536,500 | 532,668 | 507,879 | 473,956 | 448,251 | 440,203 | 449,188 | 453,188 |
| Inventory turnover | 3.35 | 3.38 | 3.51 | 3.62 | 3.75 | 3.81 | 3.74 | 3.71 | 3.94 | 3.97 | 3.78 | 3.96 | 4.39 | 4.23 | 4.24 | 4.25 | 4.28 | 4.27 | 4.16 | 4.26 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,311,295K ÷ $689,381K
= 3.35
The inventory turnover ratio for Vishay Intertechnology Inc has shown a slight decrease from 4.26 in March 2020 to 3.35 in December 2024. This indicates that the company's ability to sell through its inventory has weakened over the period under review. A declining inventory turnover may suggest issues such as overstocking, slow-moving inventory, or ineffective inventory management.
It is important for the company to closely monitor its inventory turnover ratio and take necessary steps to improve efficiency in managing its inventory levels. This could involve optimizing inventory levels, streamlining supply chain processes, improving demand forecasting, and ensuring timely clearance of obsolete stock. By addressing the factors contributing to the decline in inventory turnover, Vishay Intertechnology Inc can enhance its overall operational performance and financial health.
Peer comparison
Dec 31, 2024
Dec 31, 2024