Gartner Inc (IT)
Inventory turnover
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 6,651,730 | 4,830,740 | 4,811,990 | 4,760,460 | 4,659,480 | 4,580,360 | 4,455,670 | 4,375,280 | 3,258,030 | 3,100,709 | 2,900,361 | 2,711,157 | 3,578,042 | 3,561,626 | 3,544,765 | 3,559,392 | 3,686,357 | 3,712,763 | 3,799,311 | 3,825,571 |
| Inventory | US$ in thousands | — | — | -7,060 | -5,962 | -8,117 | -7,848 | -5,909 | 412,115 | -4,351 | 0 | — | — | — | — | 0 | 0 | 0 | 0 | — | 0 |
| Inventory turnover | — | — | — | — | — | — | — | 10.62 | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $6,651,730K ÷ $—K
= —
Based on the provided data, Gartner Inc's inventory turnover ratio for the year ended December 31, 2022, was 10.62 times.
Inventory turnover ratio is a financial metric used to measure how efficiently a company manages its inventory. A higher turnover ratio indicates that the company is selling through its inventory more quickly, which is generally considered favorable as it reduces carrying costs and the risk of obsolete inventory.
With an inventory turnover ratio of 10.62 in December 2022, Gartner Inc appears to be efficiently managing its inventory by selling and replenishing it approximately 10.62 times during the year. This could signify effective inventory management practices, strong demand for its products, or efficient supply chain operations.
It is important for Gartner Inc to monitor its inventory turnover ratio over time to ensure that it remains at an optimal level, balancing between avoiding stockouts and minimizing holding costs. Evaluating inventory turnover in conjunction with sales growth and industry benchmarks can provide further insights into the company's operational performance and competitiveness in the market.
Peer comparison
Dec 31, 2024
Dec 31, 2024