CH Robinson Worldwide Inc (CHRW)

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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cost of revenue (ttm)	US$ in thousands	16,398,780	16,510,790	16,289,550	16,275,500	16,458,910	17,218,450	18,734,470	20,812,460	22,826,440	24,165,980	24,419,630	23,354,450	21,493,650	19,646,280	17,765,330	15,932,760	15,037,720	14,333,030	13,937,860	14,176,490
Inventory	US$ in thousands	—	—	0	0	—	0	0	—	0	0	0	0	0	0	—	—	—	—	0	—
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $16,398,780K ÷ $—K
= —

The inventory turnover for CH Robinson Worldwide Inc for the periods provided in the data is not available (\u2014). Inventory turnover is a crucial metric that reflects how efficiently a company is managing its inventory levels. A high inventory turnover indicates that the company is selling its products quickly, which is generally positive as it reduces carrying costs and indicates strong sales.

Without the specific figures for inventory turnover, it is challenging to assess the company's performance in managing its inventory. However, it is essential for CH Robinson Worldwide Inc to regularly monitor and optimize its inventory turnover ratio to ensure efficient operations and manage working capital effectively. A consistent or increasing inventory turnover ratio, when compared to industry benchmarks, would suggest effective inventory management practices and financial health.