Meta Platforms Inc. (META)
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 | 25,958,000 | 26,599,000 | 26,105,000 | 25,352,000 | 25,249,000 | 23,261,000 | 23,316,000 | 23,523,000 | 22,649,000 | 21,511,000 | 19,934,000 | 18,364,000 | 16,692,000 | 14,973,000 | 13,934,000 | 13,412,000 | 12,769,000 | 12,074,000 | 11,337,000 | 10,244,000 |
| Inventory | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $25,958,000K ÷ $—K
= —
As the data for inventory turnover for Meta Platforms Inc is not available in the table provided, a thorough analysis of the company's inventory turnover cannot be conducted without specific numerical values for the respective quarters. Inventory turnover is a critical financial ratio that measures how efficiently a company is managing its inventory by indicating how many times inventory is sold and replaced during a specific period.
To perform a comprehensive analysis of Meta Platforms Inc's inventory turnover, it is essential to have the data for inventory levels at the beginning and end of each quarter to calculate the turnover ratio accurately. This information is crucial for assessing the company's ability to sell inventory and convert it into sales effectively.
Without the specific figures for inventory turnover in the given periods, it is not possible to evaluate the trends, compare the ratios across quarters, or benchmark them against industry standards. Analyzing inventory turnover would provide insights into the company's inventory management efficiency, supply chain effectiveness, and potential liquidity issues related to excess or obsolete inventory.
For a more in-depth analysis of Meta Platforms Inc's inventory turnover and its implications for the company's operations and financial performance, it is recommended to obtain the missing data points and calculate the ratios for each period before drawing any conclusions.
Peer comparison
Dec 31, 2023
Dec 31, 2023