Expedia Group Inc. (EXPE)
Inventory turnover
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 8,807,000 | 8,674,000 | 6,616,000 | 6,182,000 | 2,163,000 |
Inventory | US$ in thousands | — | 1,755,000 | 1,694,000 | 772,000 | 779,000 |
Inventory turnover | — | 4.94 | 3.91 | 8.01 | 2.78 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $8,807,000K ÷ $—K
= —
To calculate Expedia Group Inc's inventory turnover for the financial years ending December 31, we would need the values for Cost of Goods Sold (COGS) and Average Inventory for each respective year. Without the specific numerical data provided in the table, it is not possible to compute the inventory turnover ratio.
However, inventory turnover is a crucial metric that measures how efficiently a company is managing its inventory by evaluating how many times it sells and replaces its inventory during a period. A higher inventory turnover ratio generally indicates better inventory management and liquidity.
We would need to know the Cost of Goods Sold (COGS) for the years in question in order to calculate the inventory turnover ratio for Expedia Group Inc. This ratio is essential for assessing the efficiency of the company in managing its inventory levels throughout the years and can provide insights into the company's operational performance and inventory management strategies.
Peer comparison
Dec 31, 2023