IAC Inc. (IAC)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,059,990 | 1,343,250 | 1,922,700 | 1,306,970 | 726,143 |
| Inventory | US$ in thousands | — | — | — | 30,710 | 248,091 |
| Inventory turnover | — | — | — | 42.56 | 2.93 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,059,990K ÷ $—K
= —
The inventory turnover ratio for IAC Inc. has shown a significant increase over the years, from 2.93 in December 31, 2020, to 42.56 in December 31, 2021. This sharp increase indicates that the company has been able to manage its inventory more efficiently and effectively in the most recent year.
However, the absence of inventory turnover data for the years 2022, 2023, and 2024 makes it challenging to assess the trend or consistency of this ratio over a longer period.
In general, a higher inventory turnover ratio signifies that the company is selling its inventory more quickly, which can be a positive sign of operational efficiency and effective inventory management. This could also lead to lower carrying costs and potentially better cash flow management.
It would be necessary to continue monitoring the inventory turnover ratio in the following years to see if the trend is sustainable and to assess the overall health of IAC Inc.'s inventory management practices.
Peer comparison
Dec 31, 2024