Interpublic Group of Companies Inc (IPG)

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	15,650,600	15,798,400	15,800,700	15,824,900	15,804,900	15,784,200	15,643,700	15,273,100	14,785,900	14,103,600	13,578,100	13,322,900	13,692,100	13,870,200	14,191,000	14,471,300	14,496,700	14,471,200	14,335,200	14,206,500
Inventory	US$ in thousands	2,952,400	430,600	462,900	-7,618,700	5,900	16,200	17,700	30,400	8,200	3,500	4,600	4,500	800	20,000	26,600	17,400	22,800	22,800	26,400	19,700
Inventory turnover		5.30	36.69	34.13	—	2,678.80	974.33	883.82	502.40	1,803.16	4,029.60	2,951.76	2,960.64	17,115.12	693.51	533.50	831.68	635.82	634.70	543.00	721.14

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $15,650,600K ÷ $2,952,400K
= 5.30

Based on the provided table, the inventory turnover for Interpublic Group Of Cos., Inc. is not available for analysis. The lack of data for inventory turnover in the specified periods prevents a detailed and comprehensive assessment of the company's efficiency in managing its inventory levels and converting them into sales. To conduct a thorough analysis of the company's inventory turnover and its implications for operations and financial performance, additional information or data from relevant periods would be required.

Peer comparison

Dec 31, 2023

Company name

Symbol

Inventory turnover

Interpublic Group of Companies Inc

IPG

5.30

Omnicom Group Inc

OMC

9.59