IAC Inc. (IAC)
Inventory turnover
| 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 | 4,112,669 | 4,481,870 | 4,768,170 | 5,092,580 | 5,512,030 | 5,665,830 | 5,516,920 | 5,016,022 | 4,312,753 | 3,693,298 | 2,745,960 | 2,058,871 | 1,440,809 | 814,731 | |||
| Inventory | US$ in thousands | 0 | — | 0 | — | 0 | — | — | 0 | 0 | 30,710 | — | 0 | — | 317 | — | 0 | 0 |
| Inventory turnover | — | — | — | — | — | — | — | — | — | 120.26 | — | — | — | 2,570.13 |
March 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $4,112,669K ÷ $0K
= —
Based on the data provided, it appears that inventory turnover for IAC Inc. was not available for most of the periods shown. However, the inventory turnover ratio for the period ended December 31, 2021, was 120.26, indicating that the company turned over its inventory approximately 120 times during that fiscal year. This suggests efficient management of inventory levels and quick conversion of inventory into sales.
Moreover, the inventory turnover ratio for the period ended June 30, 2020, was significantly higher at 2,570.13, reflecting an extremely rapid turnover of inventory during that period. This may indicate strong sales performance, effective inventory management, or potential fluctuations in inventory levels.
Overall, while the information is limited due to missing data points, the available inventory turnover ratios highlight the company's effectiveness in managing its inventory to drive sales and generate revenue.
Peer comparison
Mar 31, 2024
Mar 31, 2024