CEVA Inc (CEVA)

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	15,503	28,459	31,763	33,016	34,105	24,813	23,982	20,850	16,827	13,394	11,067	10,379	10,749	11,082	11,346	10,834	10,106	9,268	8,507	8,002
Inventory	US$ in thousands	—	1,659	—	—	—	-6,062	-15,787	—	—	—	—	—	—	—	—	—	—	—	—	—
Inventory turnover		—	17.15	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $15,503K ÷ $—K
= —

As the data for inventory turnover for Ceva Inc. is not provided in the table, we are unable to calculate or analyze the inventory turnover ratio for the company over the given periods. Inventory turnover is a critical financial ratio that measures how efficiently a company manages its inventory by indicating how many times the company sells and replaces its inventory during a specific period. This ratio helps in assessing the liquidity and operational efficiency of a company. Without the specific data for inventory turnover, a comprehensive analysis of Ceva Inc.'s inventory management performance cannot be conducted.