Maplebear Inc. (CART)

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	Sep 30, 2019
Cost of revenue (ttm)	US$ in thousands	841,000	821,000	813,000	807,000	778,000	759,000	739,000	730,000	724,000	695,500	664,000	620,000	596,500	445,000	293,500	152,500	0
Inventory	US$ in thousands	—	—	—	—	—	75,000	75,000	—	75,000	—	—	—	—	—	—	—	—
Inventory turnover		—	—	—	—	—	10.12	9.85	—	9.65	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $841,000K ÷ $—K
= —

Based on the provided inventory turnover data for Maplebear Inc., the inventory turnover ratio is showing fluctuations over the years. The inventory turnover ratio indicates how efficiently the company manages its inventory by measuring the number of times inventory is sold and replaced during a specific period.

As of December 31, 2022, the inventory turnover ratio was 9.65, which means that the company turned over its inventory approximately 9.65 times during that year. This indicates a relatively efficient management of inventory during that period.

Subsequently, the inventory turnover ratio increased to 9.85 as of June 30, 2023, and further increased to 10.12 by September 30, 2023, showing an improvement in inventory management efficiency. A higher turnover ratio suggests that the company is selling its inventory more frequently, which could be due to effective inventory control and demand forecasting.

However, the data for the following periods is not available, as reflected by "—", making it difficult to assess the trend beyond September 30, 2023. It is important for Maplebear Inc. to consistently monitor and manage its inventory turnover ratio to ensure optimal levels of inventory and avoid issues such as stockouts or obsolescence.