Heritage Financial Corporation (HFWA)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 174,962 | 149,540 | 176,569 | 185,046 | 151,099 |
| Inventory | US$ in thousands | -4,251,300 | -122,137 | -1,747,750 | -762,740 | -243,855 |
| Inventory turnover | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $174,962K ÷ $-4,251,300K
= —
To calculate Heritage Financial Corp.'s inventory turnover for each year, we need the following formula: Inventory Turnover = Cost of Goods Sold / Average Inventory. However, since the exact figures for Cost of Goods Sold and Inventory are not provided in the table, we are unable to calculate the inventory turnover for any of the years listed. Without this specific data, a detailed analysis of Heritage Financial Corp.'s inventory turnover trend over the years is not feasible.