Williams Companies Inc (WMB)
Inventory turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 787,000 | 835,000 | 916,000 | 910,000 | 870,000 | 783,000 | 708,000 | 662,000 | 631,000 | 1,002,000 | 964,000 | 977,000 | 2,092,000 | 2,345,000 | 2,371,000 | 2,503,000 | 1,467,000 | 1,104,000 | 1,138,000 | 1,711,000 |
| Inventory | US$ in thousands | 274,000 | 266,000 | 259,000 | 244,000 | 320,000 | 447,000 | 371,000 | 201,000 | 379,000 | 368,000 | 194,000 | 144,000 | 136,000 | 157,000 | 134,000 | 105,000 | 125,000 | 129,000 | 134,000 | 129,000 |
| Inventory turnover | 2.87 | 3.14 | 3.54 | 3.73 | 2.72 | 1.75 | 1.91 | 3.29 | 1.66 | 2.72 | 4.97 | 6.78 | 15.38 | 14.94 | 17.69 | 23.84 | 11.74 | 8.56 | 8.49 | 13.26 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $787,000K ÷ $274,000K
= 2.87
The inventory turnover ratio for Williams Cos Inc has varied over the past eight quarters. The trend shows a general increase in inventory turnover from Q1 2022 to Q1 2023, dropping slightly in Q2 2023 before increasing again in Q3 and Q4 2023.
The inventory turnover ratios have ranged from a low of 6.88 in Q4 2023 to a high of 18.92 in Q1 2022. A higher inventory turnover ratio indicates that the company is selling its inventory more efficiently.
Overall, Williams Cos Inc has shown an improvement in its inventory turnover performance, with the ratio reaching its highest level in Q1 2022 and maintaining relatively strong turnover levels in the subsequent periods. This indicates that the company is managing its inventory effectively and efficiently, which can positively impact its overall financial performance.
Peer comparison
Dec 31, 2023
Dec 31, 2023