Meta Platforms Inc. (META)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 30,161,000 | 25,959,000 | 25,249,000 | 22,649,000 | 16,692,000 |
| Inventory | US$ in thousands | — | — | — | — | — |
| Inventory turnover | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $30,161,000K ÷ $—K
= —
Based on the provided data for Meta Platforms Inc., the inventory turnover ratio for the years 2020, 2021, 2022, 2023, and 2024 is reported as "—," indicating that specific information regarding inventory turnover is not available or disclosed in the financial statements for these periods.
The inventory turnover ratio is a key financial metric that measures how efficiently a company manages its inventory by assessing how many times a company sells and replaces its inventory within a specific period. A higher inventory turnover ratio typically indicates that a company is effectively selling its inventory and replenishing stock, which can be a positive signal of operational efficiency and effective inventory management.
However, without specific data on Meta Platforms Inc.'s inventory turnover for the referenced years, it is challenging to provide a detailed analysis of the company's inventory management practices and efficiency. In the absence of this information, further insights into the company's operational performance related to inventory turnover cannot be drawn at this time.
Peer comparison
Dec 31, 2024