ESAB Corp (ESAB)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,759,020 | 1,707,950 |
| Inventory | US$ in thousands | 392,858 | 416,829 |
| Inventory turnover | 4.48 | 4.10 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,759,020K ÷ $392,858K
= 4.48
Peer comparison
Dec 31, 2023