ZoomInfo Technologies Inc. (GTM)
Inventory turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 189,800 | 178,500 | 188,400 | 136,700 | 107,500 |
Inventory | US$ in thousands | — | — | -22,700 | -700 | 15,900 |
Inventory turnover | — | — | — | — | 6.76 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $189,800K ÷ $—K
= —
The inventory turnover ratio for ZoomInfo Technologies Inc. as of December 31, 2020, was 6.76. This metric indicates how many times the company's inventory was sold and replaced over that fiscal year, reflecting a relatively high level of inventory efficiency at that time.
However, in subsequent periods through December 31, 2021, 2022, 2023, and 2024, the inventory turnover ratio is reported as undefined or not available (depicted as "—"). The absence of data for these years precludes a direct year-over-year comparison beyond 2020 and suggests that the company may have experienced significant changes in its inventory levels, operations, or reporting practices during that period.
The lack of calculated ratios in later years might indicate that inventory levels were either minimal, regularly phased out (resulting in negligible ending inventories), or that inventory management became less material to the company's overall operations, reflecting its primarily service-oriented or digital business model where traditional inventory metrics are less relevant.
Overall, based on the available data, it can be concluded that ZoomInfo's inventory turnover was quantifiable in 2020 but that subsequent reporting periods lack comparable data, limiting the capacity to analyze trends or assess ongoing inventory management efficiency over time.
Peer comparison
Dec 31, 2024