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SCI (Service International) Inventory Turnover : 23.19 (As of Dec. 2024)


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What is Service International Inventory Turnover?

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. Service International's Cost of Goods Sold for the three months ended in Dec. 2024 was $787 Mil. Service International's Average Total Inventories for the quarter that ended in Dec. 2024 was $34 Mil. Service International's Inventory Turnover for the quarter that ended in Dec. 2024 was 23.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Service International's Days Inventory for the three months ended in Dec. 2024 was 3.94.

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. Service International's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.03.


Service International Inventory Turnover Historical Data

The historical data trend for Service International'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.

* Premium members only.

Service International Inventory Turnover Chart

Service International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.36 113.11 102.44 92.08 92.53

Service International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.67 22.44 22.65 22.40 23.19

Service International Inventory Turnover Calculation

Service International's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=3095.722 / ((33.597 + 33.318) / 2 )
=3095.722 / 33.4575
=92.53

Service International's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=787.133 / ((34.571 + 33.318) / 2 )
=787.133 / 33.9445
=23.19

* 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.


Service International  (NYSE:SCI) 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.

Service International's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=33.9445/787.133*365 / 4
=3.94

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.

Service International's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=33.9445 / 1093.023
=0.03

* 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.


Service International Inventory Turnover Related Terms

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Service International Business Description

Traded in Other Exchanges
Address
1929 Allen Parkway, Houston, TX, USA, 77019
Service Corp International is a personal services company that provides funeral and cemetery services and products from its locations throughout the United States and Canada. The company segments its operations into funeral service and cemetery business functions. At its funeral service locations, Service Corp. provides all professional services, facilities, vehicles, and merchandise related to funerals and cremations. Cemetery locations provide cemetery property, memorial markers, and graveyard services to customers. Service Corp. derives the majority of its revenue from its funeral services segment. Geographically, the company derives a majority of its revenue from the United States.
Executives
Thomas L Ryan officer: President,Chief Operating Off. 1929 ALLEN PARKWAY, HOUSTON TX 77219
Tony Coelho director C/O PINNACLE GLOBAL GROUP, 5599 SAN FELIPE #1212, HOUSTON TX 77056
W Blair Waltrip director C/O PINNACLE GLOBAL GROUP, 5599 SAN FELIPE #1212, HOUSTON TX 77056
Tammy R Moore other: Corporate Controller 1929 ALLEN PARKWAY, HOUSTON TX 77019
Elisabeth G. Nash officer: V.P. Processes & Technology 1929 ALLEN PARKWAY, HOUSTON TX 77019
Waring Sumner J Iii officer: VP Western Operations 1929 ALLEN PARKWAY, HOUSTON TX 77219
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Steven A Tidwell officer: V.P. Main Street Operations 1929 ALLEN PARKWAY, HOUSTON TX 77019
Ellen Ochoa director 1929 ALLEN PARKWAY, HOUSTON TX 77019
Eric D Tanzberger officer: VP, Corporate Controller 1929 ALLEN PARKWAY, HOUSTON TX 77219
Victor L Lund director ONE RAVINIA DRIVE, STE 1500, ATLANTA GA 30346
John H Faulk officer: Vice Pres Business Development 1929 ALLEN PARKWAY, HOUSTON TX 77019
Lori Spilde officer: Sr. V.P. and General Counsel 1929 ALLEN PARKWAY, HOUSTON TX 77019
Buckwalter Alan R Iii director
Gregory T Sangalis officer: Sr. V.P. and General Counsel 46 HIBURY DRIVE, HOUSTON TX 77024