eBay Inc (EBAY)

Inventory turnover

		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	Mar 31, 2020
Cost of revenue (ttm)	US$ in thousands	2,880,000	2,867,000	2,845,000	2,828,000	2,828,000	2,804,000	2,746,000	2,691,000	2,680,000	2,693,000	2,724,000	2,733,000	2,650,000	2,698,000	2,498,000	2,243,000	2,139,000	2,047,000	2,099,000	2,235,000
Inventory	US$ in thousands	—	185,000	—	—	—	—	—	-2,000	-2,000	-23,000	-7,000	-4,000	—	1,570,000	1,414,000	1,171,000	1,188,000	1,116,000	—	—
Inventory turnover		—	15.50	—	—	—	—	—	—	—	—	—	—	—	1.72	1.77	1.92	1.80	1.83	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,880,000K ÷ $—K
= —

Inventory turnover measures how efficiently a company manages its inventory by indicating how many times in a year the inventory is sold and replaced. Looking at eBay Inc's inventory turnover data, we can see that the ratios fluctuate over time.

From September 30, 2020, to September 30, 2021, the inventory turnover ratio decreased from 1.83 to 1.72. This decline suggests that eBay Inc took longer to sell and replace its inventory during this period.

However, in March 31, 2021, the ratio increased to 1.92, indicating a slight improvement in inventory management efficiency.

From September 30, 2024, the inventory turnover ratio surged to 15.50, signifying a significant increase in the speed at which eBay Inc is selling and replacing its inventory. This exceptionally high ratio could indicate efficient inventory management, a high demand for their products, or possibly a decrease in inventory levels which might need further investigation.

Overall, the inventory turnover ratios for eBay Inc show variability, with some periods of improvement and others of decline, which can provide insights into the company's inventory management practices and sales efficiency.