Heidrick & Struggles International (HSII)
Inventory turnover
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 939,758 | 874,128 | 855,338 | 657,844 | 510,489 |
Inventory | US$ in thousands | — | 24,098 | 21,754 | 18,956 | 20,185 |
Inventory turnover | — | 36.27 | 39.32 | 34.70 | 25.29 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $939,758K ÷ $—K
= —
Based on the data provided, it appears that the inventory turnover ratio for Heidrick & Struggles International, Inc. is not available for the years 2019 to 2023. This may be due to a lack of explicit disclosure of inventory values or the nature of the company's operations not requiring significant inventory holdings.
The inventory turnover ratio is a metric used to evaluate how efficiently a company is managing its inventory levels by indicating the number of times inventory is sold and replaced over a specific period. A higher turnover ratio generally signifies effective inventory management and a faster sales process.
Without the exact ratio figures, it is challenging to assess Heidrick & Struggles' inventory turnover performance accurately. It would be beneficial for stakeholders and analysts to have access to this metric to gain insights into the company's inventory management strategies and operational efficiency.
Peer comparison
Dec 31, 2023