HealthStream Inc (HSTM)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	192,096	200,808	199,557	188,032	204,563
Inventory	US$ in thousands	—	0	—	0	0
Inventory turnover		—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $192,096K ÷ $—K
= —

To calculate the inventory turnover for Healthstream Inc for the years provided, we need the cost of goods sold (COGS) and the average inventory for each respective year. Without this information, the inventory turnover ratio cannot be calculated. The inventory turnover ratio is a key indicator of how efficiently a company manages its inventory. A higher turnover ratio implies that the company is selling its inventory quickly and efficiently, while a lower ratio may indicate slow-moving inventory or potential liquidity issues. For a comprehensive analysis of Healthstream Inc's inventory turnover, it would be necessary to obtain additional financial data to calculate the ratio for each year and assess any trends or changes over the period.