Ironwood Pharmaceuticals Inc (IRWD)

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	158,953	148,037	140,610	118,250	115,994	117,408	116,458	113,104	112,206	131,431	139,922	147,795	158,521	159,663	164,762	185,168	215,591	397,666	579,506	602,753
Inventory	US$ in thousands	0	788	788	1,250	1,250	—	—	—	—	—	—	—	—	—	—	—	648	2,298	1,735	593
Inventory turnover		—	187.86	178.44	94.60	92.80	—	—	—	—	—	—	—	—	—	—	—	332.70	173.05	334.01	1,016.45

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $158,953K ÷ $0K
= —

As the data does not provide specific figures for the inventory turnover ratio for Ironwood Pharmaceuticals Inc across the given quarters, it is not possible to analyze the trend or performance of the company in managing its inventory efficiently. The inventory turnover ratio is a crucial financial metric that indicates how many times a company's inventory is sold and replaced over a specific period.

To assess the company's inventory turnover, we would need the cost of goods sold and average inventory figures for each quarter. A high inventory turnover ratio generally indicates efficient inventory management, as it suggests that the company is selling its inventory quickly. Conversely, a low ratio may imply overstocking or slow-moving inventory, which could tie up working capital.

Without the specific data on inventory turnover, a thorough analysis of Ironwood Pharmaceuticals Inc's inventory management performance cannot be conducted.