Expeditors International of Washington Inc (EXPD)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	8,014,790	14,867,100	14,322,800	8,915,190	7,171,460
Inventory	US$ in thousands	—	257,545	987,266	327,448	131,783
Inventory turnover		—	57.73	14.51	27.23	54.42

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $8,014,790K ÷ $—K
= —

To calculate Expeditors International of Washington, Inc.'s inventory turnover for the years 2019 to 2023, we need the following information:
- Cost of Goods Sold (COGS)
- Average Inventory

Without specific figures for COGS and Average Inventory for each year, we are unable to determine the inventory turnover for Expeditors International of Washington, Inc. Without these key components, we cannot evaluate the efficiency of the company's inventory management over the given period.