Ironwood Pharmaceuticals Inc (IRWD)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	175,757	115,994	112,206	158,521	199,945
Inventory	US$ in thousands	0	1,250	1,250	0	648
Inventory turnover		—	92.80	89.76	—	308.56

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $175,757K ÷ $0K
= —

The inventory turnover for Ironwood Pharmaceuticals Inc was not provided for the years 2020, 2021, 2022, and 2023. However, in 2019, the company had an inventory turnover of 36.84 times. This indicates that in 2019, Ironwood Pharmaceuticals efficiently managed its inventory by selling and replacing its inventory approximately 36.84 times during that year. Without data for the subsequent years, it is difficult to assess the trend in inventory turnover and its impact on the company's operations and financial performance.