Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. WestRock Co's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $3,947 Mil. WestRock Co's Average Total Inventories for the quarter that ended in Mar. 2024 was $2,360 Mil.
WestRock Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.67.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
WestRock Co's Days Inventory for the
three
months ended in Mar. 2024 was 54.56.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
WestRock Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.50.
WestRock Co Inventory Turnover Historical Data
The historical data trend for WestRock Co's Inventory Turnover can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WestRock Co (NYSE:WRK) Inventory Turnover Explanation
Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
WestRock Co's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
WestRock Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.
WestRock Co Inventory Turnover Related Terms
Thank you for viewing the detailed overview of WestRock Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
WestRock manufactures corrugated packaging and consumer packaging, such as folding cartons and paperboard. After the merger of RockTenn and MeadWestvaco in fall 2015, WestRock became the largest North American producer of solid bleached sulfate and the second-largest producer of containerboard, which is used in the production of shipping containers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WRK has been successfully added to your 