Vistra Energy Corp (VST)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 9,699,000 | 9,259,000 | 12,046,000 | 10,728,000 | 6,796,000 |
| Inventory | US$ in thousands | 970,000 | 740,000 | 570,000 | 610,000 | 515,000 |
| Inventory turnover | 10.00 | 12.51 | 21.13 | 17.59 | 13.20 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $9,699,000K ÷ $970,000K
= 10.00
The inventory turnover ratio for Vistra Energy Corp has shown fluctuations over the past five years, with values ranging from 10.00 to 21.13. The consistent increase seen from 2020 to 2022, peaking at 21.13, indicates that the company has been more efficient in managing its inventory levels and converting them into sales during this period. However, a decline in the ratio in 2023 and 2024 suggests that the company may have experienced challenges in managing its inventory efficiently during those particular years. Overall, a higher inventory turnover ratio is generally considered favorable as it indicates that the company is selling its inventory quickly and efficiently, minimizing carrying costs and potential obsolescence. Management may need to closely monitor inventory levels and sales strategies to ensure optimal inventory turnover in the coming years.
Peer comparison
Dec 31, 2024