CH Robinson Worldwide Inc (CHRW)

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	2,243,896	2,387,093	2,472,926	2,507,050	2,546,548	2,496,912	2,445,182	2,372,713	2,291,217	2,132,933	1,995,018	1,916,726	1,884,711	1,857,464	1,865,414	1,910,483	1,912,113	1,928,322	1,957,411	1,953,247
Inventory	US$ in thousands	—	0	0	—	0	0	0	—	—	—	—	—	—	—	—	—	—	—	—	—
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,243,896K ÷ $—K
= —

As the data for inventory turnover for C.H. Robinson Worldwide, Inc. is not provided in the table, it is not possible to calculate or analyze the inventory turnover ratio for the quarters mentioned. Inventory turnover is a key financial ratio that indicates how efficiently a company is managing its inventory. A higher turnover ratio generally reflects more efficient inventory management and liquidity.

For a more in-depth analysis of C.H. Robinson Worldwide, Inc.'s inventory turnover and its implications on the company's operations and financial performance, it is imperative to have access to the specific data points for the quarters in question.