Dine Brands Global Inc (DIN)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	434,384	532,044	520,942	440,552	527,364
Inventory	US$ in thousands	—	72,227	86,245	75,142	90,099
Inventory turnover		—	7.37	6.04	5.86	5.85

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $434,384K ÷ $—K
= —

To calculate Inventory Turnover for Dine Brands Global Inc, we would need the Cost of Goods Sold (COGS) and the Average Inventory for the respective years. Unfortunately, without this specific data, we are unable to determine the exact inventory turnover ratios for the years provided. However, Inventory Turnover is a vital metric that signifies how efficiently a company is managing its inventory levels. A high inventory turnover indicates that the company is selling its products quickly, which is generally positive. Conversely, a low turnover may suggest overstocking or slow-moving inventory, which could tie up capital and result in storage costs.

For a more comprehensive analysis, it would be beneficial to compare Dine Brands Global Inc's Inventory Turnover to industry benchmarks and historical trends to gain deeper insights into its operational efficiency and inventory management practices. Additionally, monitoring Inventory Turnover over multiple periods can help identify patterns and potential areas for improvement within the company's supply chain and distribution processes.