Dropbox Inc (DBX)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,365,900 | 1,379,400 | 1,250,300 | 1,586,700 | 1,191,100 |
| Inventory | US$ in thousands | — | — | — | — | — |
| Inventory turnover | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,365,900K ÷ $—K
= —
To calculate inventory turnover for Dropbox Inc, we need the specific values of cost of goods sold and average inventory for each year. Without this data, we cannot compute the inventory turnover ratio. This ratio is crucial in assessing how efficiently the company is managing its inventory by indicating how many times a company sells and replaces its inventory during a specific period. An increasing inventory turnover ratio generally suggests efficient inventory management, while a decreasing ratio may indicate potential issues such as overstocking or slow-moving inventory. To provide a comprehensive analysis of Dropbox Inc's inventory turnover, we would require additional financial information from the company's annual reports or financial statements.
Peer comparison
Dec 31, 2023