CSG Systems International Inc (CSGS)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 614,463 | 615,042 | 565,168 | 543,211 | 535,597 |
| Inventory | US$ in thousands | — | — | — | 0 | — |
| Inventory turnover | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $614,463K ÷ $—K
= —
The inventory turnover ratio for CSG Systems International Inc for the years ending December 31, 2020, 2021, 2022, 2023, and 2024 is not available as indicated by the symbol "—". This lack of data makes it challenging to assess the efficiency of the company in managing its inventory levels and converting them into sales within a given period. An inventory turnover ratio typically measures how many times a company sells and replaces its inventory during a specific period.
Without the inventory turnover figures, it is difficult to gauge the effectiveness of CSG Systems International Inc's inventory management practices, such as stock levels, sales performance, and demand forecasting accuracy. High inventory turnover ratios generally indicate efficient inventory management, while low ratios may indicate excess inventory levels or challenges in selling products.
In the absence of this specific data, it is recommended to closely monitor future financial statements for updates on the inventory turnover ratio to evaluate the company's operational efficiency and financial health related to inventory management.
Peer comparison
Dec 31, 2024