Marriott International Inc (MAR)

Inventory turnover

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	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	1,789,000	1,573,000	1,574,000	1,562,000
Inventory	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,805,000K ÷ $—K
= —

Unfortunately, without the specific data on inventory levels and cost of goods sold for each period, it is not possible to calculate the inventory turnover ratio for Marriott International, Inc. The inventory turnover ratio measures how efficiently a company manages its inventory by indicating how many times a company sells and replaces its inventory during a given period. It is calculated by dividing the cost of goods sold by the average inventory for the period.

To conduct a comprehensive analysis of Marriott International, Inc.'s inventory turnover, it would be necessary to access detailed financial statements or additional data for the respective quarters mentioned. This ratio is important for assessing a company's ability to convert its inventory into sales and generate revenue. A high inventory turnover ratio typically indicates effective inventory management, while a low ratio may suggest overstocking or slow-moving inventory.