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.
Peer comparison
Mar 31, 2025
Mar 31, 2025