Datadog Inc (DDOG)

Inventory turnover

Mar 31, 2025 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
Cost of revenue (ttm) US$ in thousands 563,266 515,941 476,800 442,363 420,505 410,116 401,836 392,116 372,195 346,743 317,135 286,868 262,041 234,245 207,952 178,604 150,384 130,197 115,065 104,378
Inventory US$ in thousands 0 39,805 37,502 34,858 33,054 0 -6,768 0 0 0 7,836 0
Inventory turnover 10.10 10.46 10.68 10.49 16.62

March 31, 2025 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $563,266K ÷ $—K
= —

The inventory turnover ratio for Datadog Inc exhibits notable fluctuations over the observed periods. Initially, data points from June 30, 2020, through March 31, 2021, are unavailable, indicating no recorded inventory turnover during this timeframe. This absence likely reflects minimal to no inventory holdings, consistent with the company’s SaaS-based business model, which typically does not rely heavily on inventory.

Starting from December 31, 2021, a tangible recording of inventory turnover appears with a value of 10.49. This figure persists into subsequent quarters, with marginal variations: 10.68 on March 31, 2023, slightly decreasing to 10.46 on June 30, 2023, and further declining to 10.10 on September 30, 2023. The consistency in these figures, hovering around the 10-11 range, suggests stability in inventory management during this period, although the ratios are relatively moderate.

Throughout the data, the absence of inventory turnover figures in earlier quarters aligns with expectations for a predominantly software-focused enterprise, which typically maintains minimal inventory levels. The observed figures from late 2021 onward indicate low but steady inventory activity, which is typical for companies operating in the digital services sphere rather than traditional manufacturing or retail sectors.

Overall, the data indicates that Datadog Inc maintains low inventory levels, with a relatively stable inventory turnover ratio in the recent periods. The ratios around 10 imply efficient inventory management, consistent with its core SaaS business model that does not require large inventories.


See also:

Datadog Inc Inventory Turnover (Quarterly Data)