Appfolio Inc (APPF)

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	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cost of revenue (ttm)	US$ in thousands	500,283	469,117	481,429	470,695	495,718	469,343	458,967	480,848	428,810	422,291	370,548	303,515	279,123	260,283	249,379	240,553	229,854	223,505	210,534	201,295
Inventory	US$ in thousands	—	—	—	0	—	0	0	0	0	—	—	—	0	—	—	—	—	—	—	0
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $500,283K ÷ $—K
= —

Based on the provided data, the inventory turnover ratio for Appfolio Inc is not available for all the reported periods from March 31, 2020, to December 31, 2024. The absence of specific values indicates that the company's inventory turnover was not disclosed or calculated for these periods.

Inventory turnover is a financial ratio that measures how many times a company's inventory is sold and replaced over a certain period. A higher inventory turnover ratio generally indicates that the company is efficiently managing its inventory by quickly selling its products and restocking them.

Without specific values for the inventory turnover ratio, it is challenging to assess how effectively Appfolio Inc is managing its inventory levels. Further information or data regarding the company's inventory practices and sales operations would be needed to conduct a more detailed analysis of the inventory turnover ratio and its implications for the company's financial performance and operational efficiency.