Expeditors International of Washington Inc (EXPD)

Inventory turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	8,014,790	9,022,240	10,895,660	12,990,060	14,867,120	16,559,920	16,563,420	15,685,120	14,481,550	12,606,450	10,999,840	10,142,120	8,915,200	7,903,930	7,563,420	5,701,671	4,431,640	3,120,154	1,711,615	1,702,531
Inventory	US$ in thousands	—	223,768	175,723	195,670	257,545	499,935	745,577	817,435	987,266	841,689	534,692	387,845	327,448	232,351	147,932	143,986	131,783	130,690	143,651	131,535
Inventory turnover		—	40.32	62.00	66.39	57.73	33.12	22.22	19.19	14.67	14.98	20.57	26.15	27.23	34.02	51.13	39.60	33.63	23.87	11.92	12.94

December 31, 2023 calculation

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

Unfortunately, the provided dataset lacks the specific values of inventory turnover for Expeditors International Of Washington, Inc. for the referenced periods. Without this data, a detailed analysis of the company's inventory turnover ratio cannot be conducted. In order to perform a thorough examination and interpretation of the inventory turnover, it is necessary to have the corresponding figures from each quarter. Consequently, without this essential information, it is not feasible to offer an in-depth analysis of Expeditors International Of Washington, Inc.'s inventory turnover for the specified timeframe.