Landstar System Inc (LSTR)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 388,375 | 384,193 | 404,567 | 376,350 | 303,843 |
| Inventory | US$ in thousands | — | — | — | — | 0 |
| Inventory turnover | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $388,375K ÷ $—K
= —
Based on the provided data, Landstar System Inc has not disclosed its inventory turnover ratio for the years 2020 to 2024. The absence of this ratio hinders our ability to assess the efficiency with which the company manages its inventory during these periods.
Inventory turnover is a crucial indicator of how quickly a company sells and replaces its inventory, reflecting operational efficiency and liquidity. Without this information, it is challenging to evaluate Landstar System Inc's inventory management practices and their impact on the company's financial performance. It is recommended for the company to disclose this ratio in future financial reports for a more comprehensive analysis of its operations.
Peer comparison
Dec 31, 2024