Expedia Group Inc. (EXPE)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 9,378,000 | 8,807,000 | 8,674,000 | 6,616,000 | 6,182,000 |
| Inventory | US$ in thousands | — | 365,000 | 1,755,000 | 1,694,000 | 772,000 |
| Inventory turnover | — | 24.13 | 4.94 | 3.91 | 8.01 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $9,378,000K ÷ $—K
= —
The inventory turnover ratio for Expedia Group Inc. has fluctuated over the past few years. In 2020, the ratio was 8.01, indicating that the company turned over its inventory 8.01 times during the year. However, there was a noticeable decrease in the inventory turnover ratio in 2021 to 3.91, which suggests that the company took longer to sell its inventory relative to the previous year.
In 2022, the inventory turnover ratio improved to 4.94, indicating a more efficient management of inventory compared to the previous year. This improvement continued in 2023, with a significant increase in the ratio to 24.13, signaling that Expedia Group was able to sell its inventory more than 24 times during the year.
Unfortunately, data for 2024 is not available, as indicated by the placeholder symbol "—". Overall, monitoring the inventory turnover ratio is important for assessing how effectively Expedia Group is managing its inventory levels and ensuring efficient operations.
Peer comparison
Dec 31, 2024