Krystal Biotech Inc (KRYS)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 113,686 | 98,401 | 77,735 | 40,391 | 15,063 |
| Inventory | US$ in thousands | 26,508 | 6,985 | 0 | — | — |
| Inventory turnover | 4.29 | 14.09 | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $113,686K ÷ $26,508K
= 4.29
The inventory turnover for Krystal Biotech Inc has shown variations over the years. As of December 31, 2023, the inventory turnover ratio was 14.09, indicating that the company managed to turn over its inventory approximately 14.09 times during the year. This suggests efficient inventory management and indicates that the company is selling through its inventory at a relatively fast pace.
However, the inventory turnover decreased significantly to 4.29 by December 31, 2024. This decline may imply that Krystal Biotech Inc had challenges in selling its inventory quickly during that period, possibly leading to excess inventory levels or a slowdown in sales.
Overall, fluctuations in inventory turnover ratios can provide insights into the company's sales and inventory management efficiency, highlighting areas that may require attention or improvement.
Peer comparison
Dec 31, 2024