Heidrick & Struggles International (HSII)
Inventory turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,078,016 | 1,010,118 | 991,708 | 966,717 | 938,852 | 903,674 | 870,273 | 859,378 | 873,308 | 932,374 | 940,509 | 928,897 | 871,106 | 771,469 | 740,849 | 678,563 | 624,804 | 476,355 | 429,987 | 381,099 |
| Inventory | US$ in thousands | — | 51,886 | 0 | — | — | 28,333 | 27,401 | 31,529 | 24,098 | 27,322 | 25,819 | 30,681 | 21,754 | 26,624 | 25,040 | 26,600 | 18,956 | 21,513 | 24,605 | 26,505 |
| Inventory turnover | — | 19.47 | — | — | — | 31.89 | 31.76 | 27.26 | 36.24 | 34.13 | 36.43 | 30.28 | 40.04 | 28.98 | 29.59 | 25.51 | 32.96 | 22.14 | 17.48 | 14.38 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,078,016K ÷ $—K
= —
The inventory turnover of Heidrick & Struggles International has shown fluctuating trends over the past few years, indicating changes in its inventory management efficiency. From March 31, 2020, to December 31, 2024, the inventory turnover values ranged from 14.38 to 40.04. A higher inventory turnover ratio generally indicates more efficient management of inventory, as the company is selling its products more quickly.
The inventory turnover increased steadily from March 31, 2020, to reach a peak of 40.04 on December 31, 2021, suggesting an improvement in inventory management efficiency during this period. However, the ratio decreased to 27.26 by March 31, 2023, showing a decline in inventory turnover. This decrease may suggest potential issues in managing inventory levels or slower sales turnover during that period.
Subsequently, the inventory turnover ratio increased again to 31.89 by September 30, 2023, before reaching a peak of 36.43 on June 30, 2022. However, by the end of the observation period on December 31, 2024, the inventory turnover ratio was not provided ("-"), indicating a lack of data for that period.
Overall, the analysis of Heidrick & Struggles International's inventory turnover reveals fluctuations in inventory management efficiency over the period under review, reflecting changes in sales volume, production capacity, and inventory control practices within the company.
Peer comparison
Dec 31, 2024
Dec 31, 2024