XPO Logistics Inc (XPO)
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 | 4,086,000 | 4,067,000 | 4,014,000 | 3,941,000 | 3,869,000 | 2,886,000 | 4,388,000 | 6,044,000 | 8,023,000 | 10,805,000 | 11,108,000 | 11,829,000 | 12,039,000 | 9,196,000 | 9,163,000 | 8,369,000 | 7,865,000 | 7,883,000 | 7,874,000 | 8,098,000 |
| Inventory | US$ in thousands | — | — | -1,000 | -1,000 | — | -1,000 | -2,000 | 16,000 | 17,000 | 17,000 | 19,000 | 24,000 | 26,000 | 25,000 | — | — | — | — | — | — |
| Inventory turnover | — | — | — | — | — | — | — | 377.75 | 471.94 | 635.59 | 584.63 | 492.88 | 463.04 | 367.84 | — | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $4,086,000K ÷ $—K
= —
Based on the provided data, the inventory turnover ratio for XPO Logistics Inc has shown a varying trend over the specified time period. The inventory turnover ratio measures how efficiently a company manages its inventory by indicating how many times a company sells and replaces its inventory during a given period.
For XPO Logistics Inc:
- The inventory turnover ratio was not available or not applicable for the periods up to June 30, 2021.
- The ratio started to show a significant increase from September 30, 2021, which indicates that the company was able to turn over its inventory more frequently.
- The ratio peaked at 635.59 on September 30, 2022, suggesting that the company efficiently managed its inventory during that period.
- However, there was a decline in the inventory turnover ratio by December 31, 2022, which continued to decrease until March 31, 2023.
- The ratio further decreased and fluctuated between December 31, 2022, and June 30, 2024, with no available data for the subsequent periods, indicating a potential change in the company's inventory management practices.
Overall, the analysis of the inventory turnover ratio for XPO Logistics Inc reveals fluctuations in inventory management efficiency during the specified time frame. The company should continue to monitor and improve its inventory turnover ratio to ensure optimal utilization of its resources and maintain a competitive edge in the industry.
Peer comparison
Dec 31, 2024
Dec 31, 2024