Exponent Inc (EXPO)
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 | 353,242 | 349,129 | 337,970 | 312,309 | 294,974 | 285,662 | 284,407 | 295,026 | 299,816 | 298,853 | 295,819 | 291,965 | 269,800 | 270,665 | 269,372 | 265,596 | 279,523 | 258,188 | 254,394 | 197,120 |
| Inventory | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $353,242K ÷ $—K
= —
Inventory turnover is a key financial ratio that measures how many times a company's inventory is sold and replaced over a specific period. To calculate inventory turnover, the formula is Cost of Goods Sold (COGS) divided by Average Inventory.
However, without the specific data for Cost of Goods Sold (COGS) and Inventory levels for Exponent Inc, we are unable to compute the inventory turnover ratio. The information on inventory turnover for the company is not available in the provided data.
In general, a high inventory turnover ratio indicates that a company is efficiently managing its inventory levels and selling products quickly. On the other hand, a low inventory turnover ratio could suggest inefficiencies in inventory management, overstocking, or slow sales.
For a comprehensive analysis of Exponent Inc's inventory turnover and its implications, further financial data regarding COGS and inventory levels are needed to compute and interpret the ratio accurately.
Peer comparison
Dec 31, 2023
Dec 31, 2023