Akamai Technologies Inc (AKAM)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	1,511,060	1,383,820	1,268,960	1,132,670	987,624
Inventory	US$ in thousands	—	0	0	—	0
Inventory turnover		—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $1,511,060K ÷ $—K
= —

The inventory turnover ratio for Akamai Technologies Inc is not provided in the table for the years ending December 31, 2019 to December 31, 2023. The inventory turnover ratio is a key efficiency metric that reflects how many times a company's inventory is sold and replaced over a certain period.

The lack of available data on inventory turnover makes it challenging to assess Akamai Technologies' efficiency in managing its inventory levels and the speed at which it sells its products. A higher inventory turnover ratio generally indicates effective inventory management and faster sales cycles, while a lower ratio may suggest inefficient inventory control or slow sales.

To evaluate Akamai Technologies' inventory turnover ratio accurately and draw meaningful insights about its inventory management practices, updated financial data is required. It is recommended to analyze the company's future financial statements to monitor trends and assess the effectiveness of its inventory turnover in the coming periods.