ManpowerGroup Inc (MAN)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 17,580,600 | 18,898,000 | 19,336,500 | 20,178,400 | 18,045,400 |
| Inventory | US$ in thousands | — | 0 | — | 0 | 0 |
| Inventory turnover | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $17,580,600K ÷ $—K
= —
The inventory turnover ratio for ManpowerGroup Inc is not provided for the years 2020 to 2024, indicating that the company's management has not disclosed this specific financial metric. The inventory turnover ratio is crucial in evaluating how efficiently a company manages its inventory levels, as it measures the number of times inventory is sold and replaced over a period. Without this ratio, it becomes challenging to assess the company's inventory management practices and efficiency in turning inventory into sales. Investors and analysts may find it difficult to gauge the company's inventory handling policies and their impact on the overall financial performance without this important metric.
Peer comparison
Dec 31, 2024