Heritage Financial Corporation (HFWA)
Inventory turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | — | — | — | — | — |
Inventory | US$ in thousands | — | -4,251,300 | -122,137 | -1,747,750 | -762,740 |
Inventory turnover | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $—K ÷ $—K
= —
Based on the provided data for Heritage Financial Corporation, it appears that the inventory turnover ratio was not reported for the years ending on December 31, 2020 through December 31, 2024. The absence of this ratio information may indicate that detailed inventory management and turnover analysis were not specifically disclosed or emphasized in the financial statements during this period.
Without the specific inventory turnover figures, it becomes challenging to assess how efficiently Heritage Financial Corporation is managing its inventory levels and converting them into sales. The inventory turnover ratio is key in evaluating the effectiveness of a company's inventory management practices, as it provides insights into how quickly the company's inventory is sold or used over a specific period.
Given the absence of data for the inventory turnover ratio in the provided years, further information or disclosures may be needed to gain a deeper understanding of Heritage Financial Corporation's inventory management efficiency and related operational performance.