Bill Com Holdings Inc (BILL)

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
Cost of revenue (ttm)	US$ in thousands	1,038,040	1,034,507	1,040,272	1,069,648	1,050,708	1,069,678	1,039,608	994,262	955,883	862,691	772,664	683,686	528,301	376,664	267,322	183,548	167,376	153,772
Inventory	US$ in thousands	—	—	—	0	3,655,440	3,263,530	3,355,910	3,106,360	3,474,050	—	-256,392	—	—	—	—	—	—	—
Inventory turnover		—	—	—	—	0.29	0.33	0.31	0.32	0.28	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,038,040K ÷ $—K
= —

Based on the provided data, Bill Com Holdings Inc's inventory turnover ratio has shown fluctuations over the period from December 31, 2022, to December 31, 2023. The inventory turnover ratio increased from 0.28 on December 31, 2022, to 0.29 on December 31, 2023, indicating a slight improvement in the company's efficiency in managing its inventory during this period.

An inventory turnover ratio of 0.29 on December 31, 2023, suggests that Bill Com Holdings Inc turned over its inventory approximately 0.29 times during that specific period. This indicates that the company sold and replaced its entire inventory roughly three times during the year.

It is noteworthy that there is no data available for the inventory turnover ratio for most of the periods presented. Therefore, a comprehensive analysis of the trend in inventory turnover over an extended period is challenging based on the provided information. Additional data points for consecutive periods would provide a clearer picture of the company's inventory management efficiency.