DoubleVerify Holdings Inc (DV)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 361,440 | 301,286 | 243,359 |
| Inventory | US$ in thousands | — | — | — |
| Inventory turnover | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $361,440K ÷ $—K
= —
To calculate DoubleVerify Holdings Inc's inventory turnover, we need both the Cost of Goods Sold (COGS) and the average inventory balance for the given years. Without this specific data, we are unable to provide a detailed analysis of DoubleVerify's inventory turnover for the years ending on December 31, 2023, 2022, and 2021. This ratio is important as it indicates the efficiency of the company in managing its inventory levels and generating sales from its inventory. A higher turnover ratio generally implies that the company is selling its inventory quickly, which can lead to improved cash flows and profitability. Further analysis would be required with complete financial data to assess DoubleVerify's inventory management performance accurately.
Peer comparison
Dec 31, 2023