Maplebear Inc. (CART)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 836,000 | 764,000 | 720,000 | 608,000 | 598,000 |
| Inventory | US$ in thousands | — | — | 75,000 | 1,000 | — |
| Inventory turnover | — | — | 9.60 | 608.00 | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $836,000K ÷ $—K
= —
Inventory turnover is an important financial ratio that measures how efficiently a company manages its inventory. In the case of Maplebear Inc., the inventory turnover provides insights into the company's ability to sell and replace its inventory during a specific period.
Looking at the data provided, we can see that Maplebear Inc. had an inventory turnover ratio of 608.00 for the year ending December 31, 2021. This indicates that the company sold and replaced its inventory 608 times during that year, showing a very high level of inventory turnover efficiency.
However, there was a significant decrease in the inventory turnover ratio to 9.60 for the year ending December 31, 2022. This sharp decline may indicate issues with managing inventory levels, slower sales, or overstocking, which could impact profitability and cash flow.
The absence of data for the years 2020, 2023, and 2024 makes it challenging to provide a complete trend analysis. It is important for Maplebear Inc. to monitor its inventory turnover consistently to ensure optimal inventory management and operational efficiency.
In conclusion, Maplebear Inc. should investigate the reasons behind the drastic decrease in inventory turnover in 2022 and consider implementing strategies to improve inventory management practices and balance inventory levels in line with sales demand.
Peer comparison
Dec 31, 2024