Hertz Global Holdings Inc (HTZ)
Inventory turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 8,622,000 | 7,985,000 | 7,601,000 | 7,064,000 | 6,527,000 | 6,030,000 | 5,487,000 | 5,159,000 | 4,875,000 | 3,191,000 | 3,376,000 | 3,120,000 | 3,585,000 | 5,592,000 | 5,816,000 | 6,590,000 | 6,636,000 | 6,623,000 | 6,623,000 | 7,225,000 |
| Inventory | US$ in thousands | -284,000 | 462,000 | 484,000 | 514,000 | 475,000 | 502,000 | -99,000 | — | 393,000 | 763,000 | 875,000 | 1,353,000 | 2,222,000 | 745,000 | 945,000 | 392,000 | 495,000 | 230,000 | 239,000 | 452,000 |
| Inventory turnover | — | 17.28 | 15.70 | 13.74 | 13.74 | 12.01 | — | — | 12.40 | 4.18 | 3.86 | 2.31 | 1.61 | 7.51 | 6.15 | 16.81 | 13.41 | 28.80 | 27.71 | 15.98 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $8,622,000K ÷ $-284,000K
= —
Based on the provided table, the inventory turnover ratio for Hertz Global Holdings Inc. is not available for Q4 2023, Q3 2023, Q2 2023, Q1 2023, and Q4 2022. Therefore, it is not possible to assess the efficiency of inventory management during these periods using the inventory turnover ratio. Additional data or information would be required to analyze the trends and performance of inventory turnover for Hertz Global Holdings Inc.
Peer comparison
Dec 31, 2023
Dec 31, 2023
Company name
Symbol
Inventory turnover
Hertz Global Holdings Inc
HTZ
—
Avis Budget Group Inc
CAR
—
Ryder System Inc
R
—