Booking Holdings Inc (BKNG)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | — | 5,000 | 607,000 | 599,000 | 642,000 |
| Inventory | US$ in thousands | — | -644,000 | 477,000 | 404,000 | 337,000 |
| Inventory turnover | — | — | 1.27 | 1.48 | 1.91 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $—K ÷ $—K
= —
The inventory turnover ratio for Booking Holdings Inc has shown a declining trend over the years. Starting at 1.91 in December 31, 2020, it decreased to 1.48 by December 31, 2021, and further dropped to 1.27 by December 31, 2022. The absence of data for December 31, 2023, and December 31, 2024, limits the ability to assess the recent performance accurately. A decreasing inventory turnover ratio may indicate that the company is taking longer to sell its inventory, which could potentially tie up more capital in stock and lead to increased holding costs. Further analysis of the inventory management practices and sales strategies might be needed to address this trend and optimize the company's operational efficiency.
Peer comparison
Dec 31, 2024