ArcBest Corp (ARCB)

Inventory turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	1,817,905	1,812,736	1,778,338	1,778,718	1,762,408	1,732,780	1,678,072	1,617,814	1,554,301	1,503,081	1,469,000	1,385,074	1,370,728	1,040,771	1,041,638	1,097,534	1,097,670	1,462,138	1,461,634	1,456,771
Inventory	US$ in thousands	—	30,957	33,244	41,061	40,240	32,280	32,353	42,688	-9,654	30,120	36,355	40,356	37,774	29,562	28,928	33,806	30,377	25,365	28,546	31,064
Inventory turnover		—	58.56	53.49	43.32	43.80	53.68	51.87	37.90	—	49.90	40.41	34.32	36.29	35.21	36.01	32.47	36.13	57.64	51.20	46.90

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,817,905K ÷ $—K
= —

To analyze ArcBest Corp's inventory turnover, the necessary data points for each quarter are missing. Without this information, it is not possible to calculate the inventory turnover ratio. The inventory turnover ratio is a key indicator of how efficiently a company manages its inventory by showing how many times a company sells and replaces its inventory over a specific period.

In order to provide a detailed and comprehensive analysis of ArcBest Corp's inventory turnover, the company would need to disclose the cost of goods sold and its average inventory balance for each quarter. This would enable the calculation of the inventory turnover ratio, allowing for a more in-depth assessment of the company's inventory management efficiency. Therefore, without the required data, a meaningful analysis of ArcBest Corp's inventory turnover is not possible at this time.