Yum! Brands Inc (YUM)

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	3,648,000	3,403,000	3,296,000	3,260,000	3,264,000	3,262,000	3,238,000	3,198,000	3,164,000	3,158,000	3,172,000	3,148,000	3,082,000	2,995,000	2,959,000	2,938,000	3,027,000	2,913,000	2,787,000	2,657,000
Inventory	US$ in thousands	—	—	—	-28,000	-24,000	-31,000	-33,000	-24,000	442,000	-19,000	—	—	—	—	—	—	—	—	—	—
Inventory turnover		—	—	—	—	—	—	—	—	7.16	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $3,648,000K ÷ $—K
= —

Based on the provided data, Yum! Brands Inc's inventory turnover for the most recent available period, December 31, 2022, is 7.16. Inventory turnover is a financial ratio that measures how many times a company sells and replaces its inventory within a specific period.

A high inventory turnover ratio like 7.16 indicates that Yum! Brands Inc is efficient in managing its inventory levels. It suggests that the company is selling its products quickly, minimizing the risk of holding obsolete or excess inventory.

However, since data for other periods is not available, it is important to monitor the trend of the inventory turnover ratio over time to assess the consistency of inventory management efficiency. A declining trend in the ratio could indicate potential issues such as overstocking or declining sales, while an increasing trend could suggest improved inventory management practices.