IQVIA Holdings Inc (IQV)

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	12,856,000	12,804,000	12,688,000	12,561,000	12,451,000	12,506,000	12,417,000	12,408,000	12,334,000	12,124,000	11,651,000	10,993,000	10,494,000	10,165,000	10,151,000	8,450,000	6,636,000	4,608,000	2,794,000	2,785,000
Inventory	US$ in thousands	—	177,000	179,000	165,000	151,000	176,000	188,000	162,000	156,000	164,000	178,000	159,000	159,000	165,000	146,000	173,000	138,000	150,000	180,000	153,000
Inventory turnover		—	72.34	70.88	76.13	82.46	71.06	66.05	76.59	79.06	73.93	65.46	69.14	66.00	61.61	69.53	48.84	48.09	30.72	15.52	18.20

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $12,856,000K ÷ $—K
= —

Based on the data provided, the inventory turnover ratio for IQVIA Holdings Inc is not available for any of the quarters in 2023 or 2022. This lack of information makes it challenging to evaluate how efficiently the company is managing its inventory levels in relation to its sales. The absence of inventory turnover data may indicate limitations in assessing IQVIA's inventory management effectiveness and its ability to convert inventory into sales. It is essential for stakeholders to have access to this key financial metric to gain insights into the company's operational efficiency and potential liquidity risks related to excess inventory or inadequate stock levels. Further analysis or additional information is necessary to evaluate IQVIA's inventory turnover and its impact on the company's overall financial performance.