Applovin Corp (APP)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,166,810 | 1,059,190 | 1,256,060 | 988,095 | 555,578 |
| Inventory | US$ in thousands | — | — | -7,319 | 1,050,000 | — |
| Inventory turnover | — | — | — | 0.94 | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,166,810K ÷ $—K
= —