Heidrick & Struggles International (HSII)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,078,020 | 939,758 | 874,128 | 855,338 | 657,844 |
| Inventory | US$ in thousands | — | — | 24,098 | 21,754 | 18,956 |
| Inventory turnover | — | — | 36.27 | 39.32 | 34.70 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,078,020K ÷ $—K
= —
Heidrick & Struggles International's inventory turnover has shown a positive trend over the years, increasing steadily from 34.70 in December 31, 2020, to 39.32 in December 31, 2021, and reaching 36.27 in December 31, 2022. This indicates that the company is managing its inventory efficiently and effectively converting its inventory into sales. However, the ratios for December 31, 2023 and December 31, 2024 are not available, so it is challenging to assess the trend for those years accurately. Overall, the increasing trend in the inventory turnover ratio suggests that Heidrick & Struggles International is effectively managing its inventory levels, which can lead to improved operational performance and profitability.
Peer comparison
Dec 31, 2024