Inventory Turnover (Annual)

Inventory Turnover: A ratio showing how many times a company's inventory is sold and replaced over a period. Calculated as: Cost of Goods Sold / Total Inventory

Darling Ingredients Inc. (DAR) had Inventory Turnover of 6.78 for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$6.79B
Net Income	$647.73M
Cost of Goods Sold	$5.14B
Gross Profit	$1.65B
Operating Expenses	$5.84B
Operating Income	$949.73M
Non-Operating Income/Expense	$-229.77M
Pre-Tax Income	$719.96M
Normalized Pre-Tax Income	$719.96M
Income after Taxes	$660.39M
Income from Continuous Operations	$660.39M
Consolidated Net Income/Loss	$660.39M
Normalized Income after Taxes	$660.39M
EBIT	$949.73M
EBITDA	$1.46B
Weighted-Average Shares Outstanding (Basic)	159.86M
Weighted-Average Shares Outstanding (Diluted)	162.39M
Earnings per Share (EPS) (Basic)	$4.05
Earnings per Share (EPS) (Diluted)	$3.99
Balance Sheet Financials
Current Assets	$1.86B
Property, Plant, and Equipment	$2.94B
Long-Term Assets	$9.21B
Total Assets	$11.06B
Current Liabilities	$998.14M
Long-Term Debt	$4.37B
Long-Term Liabilities	$5.37B
Total Liabilities	$6.37B
Common Equity	$4.69B
Tangible Shareholders Equity	$1.13B
Shareholders Equity	$4.69B
Common Shares Outstanding	159.53M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$899.26M
Cash Flow from Investing Activities	$-1.68B
Cash Flow from Financial Activities	$876.29M
Beginning Cash	$150.17M
End Cash	$264.45M
Increase/Decrease in Cash	$114.28M
Stock-Based Compensation	$33.16M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.86
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.48
Debt to Equity Ratio	0.94
Gross Margin	24.23%
Operating Margin	13.99%
EBIT Margin	13.99%
EBITDA Margin	21.48%
Pre-Tax Profit Margin	10.61%
Profit Margin	9.54%
Free Cash Flow	$354.53M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.61
Inventory Turnover	6.78
Receiveable Turnover	8.26
Days Sales in Receivables	44.19
Return on Equity	14.07%
Return on Tangible Equity	58.27%
Return on Assets	5.97%
Return on Investments	7.29%
Book Value Per Share	$29.42
Free Cash Flow per Share	$2.18
Operating Cash Flow per Share	$5.54

Data from Zacks Investment Research, Inc.