DoorDash, Inc. Class A Common Stock (DASH)

Inventory turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	5,542,000	4,589,000	3,588,000	2,338,000	1,368,000
Inventory	US$ in thousands	—	356,000	441,000	—	—
Inventory turnover		—	12.89	8.14	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $5,542,000K ÷ $—K
= —

The inventory turnover ratio for DoorDash, Inc. Class A Common Stock demonstrates significant variation over the period from 2020 to 2024. For the years ending December 31, 2020, and December 31, 2021, the ratio is not available, which likely indicates that inventory was either negligible, zero, or not a relevant metric for the company's operations during those years. Starting from December 31, 2022, the inventory turnover ratio is reported at 8.14, signifying that inventory was being sold and replenished approximately 8.14 times within that year. This ratio increases substantially by December 31, 2023, reaching 12.89, which points to a more efficient inventory management process and a higher frequency of inventory turnover. The absence of data for December 31, 2024, further underscores the non-traditional or minimal role of inventory within the company's operational framework during that time frame. Overall, the data suggests an improvement in inventory management efficiency from 2022 to 2023 but lacks information prior to 2022, rendering a comprehensive year-over-year comparison limited prior to that point.