GXO Logistics Inc (GXO)
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 | ||
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Cost of revenue (ttm) | US$ in thousands | 9,166,000 | 9,079,000 | 8,993,000 | 8,855,000 | 8,690,000 | 8,483,000 | 8,191,000 | 7,943,000 | |||
Inventory | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — |
Inventory turnover | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $9,166,000K ÷ $—K
= —
Unfortunately, without data for inventory turnover provided in the table, it is not possible to conduct a detailed analysis of GXO Logistics Inc's inventory turnover. Inventory turnover is a key financial ratio that assesses how efficiently a company is managing its inventory, indicating the number of times a company sells and replaces its inventory during a specific period. A high inventory turnover ratio signifies efficient inventory management, while a low ratio may indicate overstocking or slow-moving inventory. To evaluate GXO Logistics Inc's performance in this regard, data for the relevant periods is required.
Peer comparison
Dec 31, 2023
Dec 31, 2023