IAC Inc. (IAC)
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 | 1,059,990 | 1,266,845 | 1,351,387 | 1,436,962 | 1,507,082 | 1,473,136 | 1,582,028 | 1,738,302 | 1,933,321 | 1,975,928 | 1,856,067 | 1,596,922 | 1,305,500 | 1,076,394 | 952,653 | 881,085 | 814,731 | 1,245,295 | 1,195,813 | 1,166,899 |
| Inventory | US$ in thousands | -51,802 | — | 0 | 0 | — | 0 | — | 0 | — | — | 0 | 0 | 30,710 | — | 0 | — | 248,091 | — | 0 | 0 |
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | 42.51 | — | — | — | 3.28 | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,059,990K ÷ $-51,802K
= —
IAC Inc.'s inventory turnover has fluctuated over the mentioned periods. The inventory turnover ratio indicates how effectively the company is managing its inventory by measuring how many times a company sells and replaces its inventory in a given period.
Looking at the data provided:
- As of December 31, 2020, the inventory turnover was 3.28, indicating that the company sold and replaced its inventory approximately 3.28 times during that period.
- The inventory turnover significantly increased to 42.51 as of December 31, 2021, which suggests a substantial improvement in inventory management efficiency.
- However, the inventory turnover was not available for the rest of the periods mentioned, indicating a lack of data or potentially stagnant inventory turnover during those times.
It's important to note that a higher inventory turnover ratio generally indicates more efficient inventory management, as the company is selling products quickly and restocking efficiently. Conversely, a low inventory turnover ratio may indicate overstocking, slow sales, or obsolete inventory.
Further analysis and comparison with industry benchmarks would provide a more comprehensive understanding of IAC Inc.'s inventory management performance and efficiency.
Peer comparison
Dec 31, 2024
Dec 31, 2024