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

Karat Packaging Inc. (KRT) had Inventory Turnover of 3.65 for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$422.63M
Net Income	$29.98M
Cost of Goods Sold	$258.30M
Gross Profit	$164.33M
Operating Expenses	$384.87M
Operating Income	$37.76M
Non-Operating Income/Expense	$2.93M
Pre-Tax Income	$40.70M
Normalized Pre-Tax Income	$40.70M
Income after Taxes	$30.82M
Income from Continuous Operations	$30.82M
Consolidated Net Income/Loss	$30.82M
Normalized Income after Taxes	$30.82M
EBIT	$37.76M
EBITDA	$56.15M
Weighted-Average Shares Outstanding (Basic)	20.00M
Weighted-Average Shares Outstanding (Diluted)	20.12M
Earnings per Share (EPS) (Basic)	$1.50
Earnings per Share (EPS) (Diluted)	$1.49
Balance Sheet Financials
Current Assets	$161.00M
Property, Plant, and Equipment	$87.98M
Long-Term Assets	$133.53M
Total Assets	$294.52M
Current Liabilities	$46.45M
Long-Term Debt	$47.28M
Long-Term Liabilities	$85.88M
Total Liabilities	$132.32M
Common Equity	$162.20M
Tangible Shareholders Equity	$158.39M
Shareholders Equity	$162.20M
Common Shares Outstanding	20.04M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$47.98M
Cash Flow from Investing Activities	$-5.86M
Cash Flow from Financial Activities	$-33.62M
Beginning Cash	$23.08M
End Cash	$31.58M
Increase/Decrease in Cash	$8.51M
Stock-Based Compensation	$2.06M
Common Stock Dividends Paid	$-31.02M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	3.47
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.23
Debt to Equity Ratio	0.30
Gross Margin	38.88%
Operating Margin	8.93%
EBIT Margin	8.93%
EBITDA Margin	13.29%
Pre-Tax Profit Margin	9.63%
Profit Margin	7.09%
Free Cash Flow	$44.05M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	1.44
Inventory Turnover	3.65
Receiveable Turnover	15.81
Days Sales in Receivables	23.09
Return on Equity	19.00%
Return on Tangible Equity	19.46%
Return on Assets	10.47%
Return on Investments	14.71%
Book Value Per Share	$8.10
Free Cash Flow per Share	$2.19
Operating Cash Flow per Share	$2.38

Data from Zacks Investment Research, Inc.