Airbnb Inc (ABNB)

Inventory turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Cost of revenue (ttm)	US$ in thousands	1,878,000	1,835,000	1,829,000	1,755,000	1,703,000	1,664,000	1,606,000	1,564,000	1,499,000	1,449,478	1,360,058	1,264,485	1,156,000
Inventory	US$ in thousands	—	—	—	—	—	—	—	—	—	0	14,768	—	14,764
Inventory turnover		—	—	—	—	—	—	—	—	—	—	92.09	—	78.30

December 31, 2024 calculation

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

Based on the provided data, Airbnb Inc's inventory turnover ratio was 78.30 as of December 31, 2021. This indicates that the company sold and replaced its inventory approximately 78.30 times during that period. However, data for subsequent periods is either unavailable or designated as "—", making it challenging to analyze the trend over time.

A high inventory turnover ratio typically suggests efficient inventory management, as it implies that products are selling quickly and not sitting in storage for extended periods. On the other hand, a low ratio may indicate overstocking or slow sales, which can lead to obsolescence or increased storage costs.

It is essential for Airbnb Inc to monitor its inventory turnover ratio regularly to ensure balanced inventory levels that can meet customer demand while minimizing holding costs and potential losses from obsolete inventory. The company may need to provide additional data for further analysis and a more comprehensive evaluation of its inventory management efficiency.