CH Robinson Worldwide Inc (CHRW)

Inventory turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	16,416,200	16,457,600	22,826,400	21,493,700	15,037,700
Inventory	US$ in thousands	—	—	0	-453,660	-197,176
Inventory turnover		—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $16,416,200K ÷ $—K
= —

Based on the provided data, it appears that CH Robinson Worldwide Inc has not reported any specific figures for its inventory turnover ratio for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. The lack of information on inventory turnover ratios makes it challenging to assess the efficiency with which the company is managing its inventory levels.

It is important to note that the inventory turnover ratio is a key metric that helps evaluate how effectively a company is selling its inventory and converting it into sales. A high inventory turnover ratio generally indicates that a company is efficiently managing its inventory levels, while a low ratio may suggest slow sales or excess inventory.

Without specific values for the inventory turnover ratio, it is difficult to provide a detailed analysis of CH Robinson Worldwide Inc's inventory management performance for the specified years. Additional financial data or context would be needed to further evaluate the company's inventory turnover efficiency.