IQVIA Holdings Inc (IQV)

Inventory turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	13,054,000	12,856,000	12,451,000	12,334,000	10,494,000
Inventory	US$ in thousands	—	—	151,000	156,000	159,000
Inventory turnover		—	—	82.46	79.06	66.00

December 31, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $13,054,000K ÷ $—K
= —

Based on the provided data, IQVIA Holdings Inc's inventory turnover has shown a consistent increase over the years.

- In December 31, 2020, the inventory turnover was 66.00.
- By December 31, 2021, it had increased to 79.06, indicating a more efficient management of inventory levels.
- In the following year, by December 31, 2022, the inventory turnover further improved to 82.46, demonstrating a trend of more rapid turnover of inventory.

Unfortunately, data for December 31, 2023, and December 31, 2024, is not available (marked as "---"), which limits the ability to assess the inventory turnover for these years.

Overall, the increasing trend in inventory turnover until 2022 suggests that IQVIA Holdings Inc has been effectively managing its inventory to optimize its operations and liquidity. However, the lack of data for subsequent years hinders a comprehensive analysis of the company's inventory turnover performance.