InterDigital Inc (IDCC)
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 | 55,791 | 53,697 | 53,437 | 53,998 | 50,609 | 60,681 | 74,286 | 100,117 | 99,908 | 92,173 | 75,004 | 48,713 | 51,199 | 50,771 | 53,388 | 55,608 | 56,120 | 57,424 | 56,759 | 54,304 |
| Inventory | US$ in thousands | 15,238 | 18,703 | 23,659 | — | 0 | 18,990 | 20,663 | 18,378 | 72,467 | 14,748 | 13,645 | 12,045 | — | — | — | — | — | — | — | — |
| Inventory turnover | 3.66 | 2.87 | 2.26 | — | — | 3.20 | 3.60 | 5.45 | 1.38 | 6.25 | 5.50 | 4.04 | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $55,791K ÷ $15,238K
= 3.66
Based on the provided data, the table does not contain values for the inventory turnover ratio for Interdigital Inc for the specified quarters. Therefore, it is not possible to analyze the trend or performance of Interdigital Inc's inventory turnover ratio over time. In order to evaluate the efficiency of the company's inventory management, it would be necessary to obtain the relevant data for the inventory turnover ratio for the specified periods.
Peer comparison
Dec 31, 2023
Dec 31, 2023
Company name
Symbol
Inventory turnover
InterDigital Inc
IDCC
3.66
Dolby Laboratories
DLB
4.17
Marathon Digital Holdings Inc
MARA
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