Medpace Holdings Inc (MEDP)

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	1,634,376	1,634,969	1,622,345	1,582,770	1,524,888	1,432,835	1,332,539	1,242,298	1,162,310	1,099,215	1,036,047	981,677	927,757	879,402	822,564	762,863	747,231	713,262	716,487	721,157
Inventory	US$ in thousands	—	—	—	—	0	0	—	0	—	0	—	0	—	—	—	0	—	0	—	—
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,634,376K ÷ $—K
= —

The provided JSON data indicates that the inventory turnover ratio for Medpace Holdings Inc is not available for the period from March 31, 2020, to December 31, 2024. This could be due to various reasons such as the company not disclosing specific inventory details or the nature of its operations not requiring a significant emphasis on inventory turnover analysis.

Inventory turnover is a crucial financial ratio that measures how efficiently a company manages its inventory. A higher inventory turnover ratio generally signifies a more efficient inventory management system, indicating that the company is selling its products quickly and effectively.

However, without specific data on Medpace Holdings Inc's inventory turnover ratio, it is challenging to assess the company's inventory management efficiency accurately. To gain a deeper understanding of Medpace's inventory turnover performance, it would be necessary to access detailed financial statements or additional information provided by the company.