Equifax Inc (EFX)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 4,369,200 | 4,066,200 | 3,785,900 | 3,450,900 | 3,843,000 |
| Inventory | US$ in thousands | — | 134,300 | 108,400 | 104,100 | 88,100 |
| Inventory turnover | — | 30.28 | 34.93 | 33.15 | 43.62 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $4,369,200K ÷ $—K
= —
To calculate Equifax, Inc.'s inventory turnover for the years 2019 to 2023, we would need specific data on cost of goods sold and average inventory levels for each year. Without this information, it is not possible to compute the inventory turnover ratio. Inventory turnover is a key metric that indicates how effectively a company is managing its inventory by showing how many times its inventory is sold and replaced over a period. It is a crucial measure for assessing operational efficiency and inventory management effectiveness. For a more in-depth analysis, the specific financial data for Equifax, Inc. would need to be provided.