Akamai Technologies Inc (AKAM)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,620,790 | 1,511,060 | 1,383,820 | 1,268,960 | 1,132,670 |
| Inventory | US$ in thousands | — | 0 | 0 | 0 | — |
| Inventory turnover | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,620,790K ÷ $—K
= —
The provided data indicates that Akamai Technologies Inc's inventory turnover for the years 2020 to 2024 is not available (denoted as "—"). This lack of specific data on inventory turnover makes it challenging to assess how efficiently the company is managing its inventory levels.
Inventory turnover is a critical financial ratio that reflects how many times a company sells and replaces its inventory within a given period. A higher turnover ratio generally indicates more efficient inventory management, as it suggests that the company is effectively selling its goods and restocking them in a timely manner.
Without the specific figures for Akamai Technologies Inc's inventory turnover, it is difficult to draw conclusions about the company's operational efficiency in this regard. It is essential for stakeholders and investors to monitor this ratio over time to assess changes in the company's inventory management practices and overall business performance.
Peer comparison
Dec 31, 2024