Marriott International Inc (MAR)

Inventory turnover

		Dec 31, 2024	Sep 30, 2024	Jun 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
Cost of revenue (ttm)	US$ in thousands	2,390,000	1,909,000	1,872,000	1,864,000	1,805,000	1,552,000	1,529,000	1,520,000	1,526,000	1,338,000	1,334,000	1,290,000	1,293,000	1,271,000	1,190,000	1,181,000	1,240,000	1,697,000	1,786,000	1,837,000
Inventory	US$ in thousands	—	3,464,000	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Inventory turnover		—	0.55	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,390,000K ÷ $—K
= —

The inventory turnover ratio for Marriott International Inc was \u2014 for the periods up to September 30, 2024, indicating that the company did not provide specific data relating to its inventory turnover. However, for the quarter ending September 30, 2024, the inventory turnover ratio was 0.55.

An inventory turnover ratio of 0.55 suggests that Marriott International Inc turned over its inventory 0.55 times during that period. This implies that the company's inventory remained in stock for a longer duration before being sold. A low inventory turnover ratio can indicate overstocking or slow-moving inventory, which may lead to higher storage costs and potential obsolescence risks.

It is important for Marriott International Inc to monitor its inventory turnover ratio closely to ensure efficient management of its inventory levels, optimize cash flow, and maximize profitability. Analyzing this ratio over multiple periods can provide valuable insights into the company's inventory management practices and operational efficiency.