Cogent Communications Group Inc (CCOI)
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 | 885,206 | 820,943 | 600,498 | 430,346 | 422,336 | 416,198 | 414,281 | 415,331 | 415,137 | 413,247 | 410,261 | 405,009 | 400,487 | 355,669 | 351,233 | 350,425 | 340,077 | 372,965 | 367,802 | 361,095 |
| Inventory | US$ in thousands | — | 56,411 | 51,587 | 50,282 | 52,129 | 54,719 | 37,796 | 30,286 | 9,015 | 3,076 | — | — | — | — | — | — | — | — | — | — |
| Inventory turnover | — | 14.55 | 11.64 | 8.56 | 8.10 | 7.61 | 10.96 | 13.71 | 46.05 | 134.35 | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $885,206K ÷ $—K
= —
I'm sorry, but without the specific data points for inventory turnover provided in the table, it is not possible to conduct a detailed analysis of Cogent Communications Holdings Inc's inventory turnover. The inventory turnover ratio measures the efficiency of a company in managing its inventory levels and converting inventory into sales. It is calculated by dividing the cost of goods sold by the average inventory during a specific period.
If you can provide the actual figures for inventory turnover for each quarter listed in the table, I would be able to offer a thorough analysis of the trend and implications for Cogent Communications Holdings Inc's inventory management efficiency.
Peer comparison
Dec 31, 2023
Dec 31, 2023