eBay Inc (EBAY)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,880,000 | 2,833,000 | 2,680,000 | 2,650,000 | 1,797,000 |
| Inventory | US$ in thousands | — | — | -2,000 | — | 1,188,000 |
| Inventory turnover | — | — | — | — | 1.51 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $2,880,000K ÷ $—K
= —
The inventory turnover ratio for eBay Inc for December 31, 2020, stood at 1.51. This indicates that eBay Inc generated $1.51 in sales for every $1 of inventory during that period. However, the inventory turnover ratio for subsequent years, including December 31, 2021, 2022, 2023, and 2024, is not available (marked as "—").
A higher inventory turnover ratio is generally preferred as it suggests that the company is efficiently managing its inventory by selling products quickly. Conversely, a lower ratio may indicate overstocking or slow-moving inventory, which can tie up capital and lead to potential obsolescence or storage costs.
Without data for the subsequent years, it is challenging to assess eBay Inc's inventory turnover trend and efficiency in managing its inventory levels. It is advisable for the company to monitor and improve its inventory turnover ratio to optimize its working capital and operational performance.
Peer comparison
Dec 31, 2024