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

Verizon Communications Inc. (VZ) had Inventory Turnover of 24.08 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	$134.79B
Net Income	$17.51B
Cost of Goods Sold	$54.10B
Gross Profit	$80.69B
Operating Expenses	$106.10B
Operating Income	$28.69B
Non-Operating Income/Expense	$-5.71B
Pre-Tax Income	$22.98B
Normalized Pre-Tax Income	$22.98B
Income after Taxes	$17.95B
Income from Continuous Operations	$17.95B
Consolidated Net Income/Loss	$17.95B
Normalized Income after Taxes	$17.95B
EBIT	$28.69B
EBITDA	$46.58B
Weighted-Average Shares Outstanding (Basic)	4.22B
Weighted-Average Shares Outstanding (Diluted)	4.22B
Earnings per Share (EPS) (Basic)	$4.15
Earnings per Share (EPS) (Diluted)	$4.14
Balance Sheet Financials
Current Assets	$40.52B
Property, Plant, and Equipment	$108.52B
Long-Term Assets	$319.72B
Total Assets	$384.71B
Current Liabilities	$64.77B
Long-Term Debt	$121.38B
Long-Term Liabilities	$219.37B
Total Liabilities	$284.14B
Common Equity	$100.58B
Tangible Shareholders Equity	$-90.01B
Shareholders Equity	$100.58B
Common Shares Outstanding	4.21B
Cash Flow Statement Financials
Cash Flow from Operating Activities	$36.91B
Cash Flow from Investing Activities	$-18.67B
Cash Flow from Financial Activities	$-17.10B
Beginning Cash	$3.50B
End Cash	$4.63B
Increase/Decrease in Cash	$1.14B
Stock-Based Compensation	--
Common Stock Dividends Paid	$-11.25B
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.63
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.55
Debt to Equity Ratio	1.43
Gross Margin	59.87%
Operating Margin	21.28%
EBIT Margin	21.28%
EBITDA Margin	34.56%
Pre-Tax Profit Margin	17.05%
Profit Margin	12.99%
Free Cash Flow	$19.82B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.35
Inventory Turnover	24.08
Receiveable Turnover	5.16
Days Sales in Receivables	70.70
Return on Equity	17.85%
Return on Tangible Equity	-19.94%
Return on Assets	4.67%
Return on Investments	8.09%
Book Value Per Share	$23.89
Free Cash Flow per Share	$4.69
Operating Cash Flow per Share	$8.74

Data from Zacks Investment Research, Inc.