GXO Logistics Inc (GXO)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 9,853,000 | 8,396,000 | 7,772,000 | 6,972,000 | 5,492,000 |
| Inventory | US$ in thousands | — | -2,000 | — | — | — |
| Inventory turnover | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $9,853,000K ÷ $—K
= —
Based on the provided data, GXO Logistics Inc's inventory turnover ratios for the years ending December 31, 2020, 2021, 2022, 2023, and 2024 are all indicated as "—", signifying that specific information on the inventory turnover for these periods is not available. The absence of this data indicates a challenge in assessing the efficiency of GXO Logistics Inc's inventory management over these years.
Without the inventory turnover ratio data, it is challenging to ascertain how quickly GXO Logistics Inc is selling its inventory or how effectively it is managing its inventory levels. A high inventory turnover ratio typically suggests efficient inventory management, while a low ratio may indicate either overstocking or slow sales.
It is recommended that further investigation be conducted to analyze GXO Logistics Inc's inventory turnover performance to fully understand the company's inventory management efficiency and operational effectiveness.
Peer comparison
Dec 31, 2024