Airbnb Inc (ABNB)

Inventory turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cost of revenue	US$ in thousands	1,878,000	1,703,000	1,499,000	1,156,000
Inventory	US$ in thousands	—	5,351,000	—	14,764
Inventory turnover		—	0.32	—	78.30

December 31, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $1,878,000K ÷ $—K
= —

The inventory turnover ratio for Airbnb Inc experienced significant fluctuations over the years. In December 31, 2021, the ratio stood at a relatively high 78.30, indicating that Airbnb Inc was managing its inventory efficiently by selling and replenishing it numerous times during the year. However, the ratio was not available for December 31, 2022, possibly due to a change in reporting or calculation methods.

By December 31, 2023, the inventory turnover ratio plummeted to a remarkably low 0.32, suggesting that Airbnb Inc may have had challenges in effectively selling its inventory compared to the previous year. This could indicate potential issues such as overstocking, slowing demand, or operational inefficiencies.

Unfortunately, the inventory turnover ratio data was not available for December 31, 2024. In conclusion, the analysis highlights the importance for Airbnb Inc to closely monitor and manage its inventory turnover to ensure optimal utilization of resources and sustainable operations.