Match Group Inc (MTCH)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,001,620 | 2,322,400 | 1,849,150 | 1,434,470 | 1,127,420 |
| Inventory | US$ in thousands | — | — | 0 | 105,332 | — |
| Inventory turnover | — | — | — | 13.62 | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $2,001,620K ÷ $—K
= —
To calculate Match Group Inc.'s inventory turnover ratio, we would need the specific figures for cost of goods sold (COGS) and average inventory levels for each of the years provided in the table. The inventory turnover ratio is calculated by dividing COGS by average inventory.
Without the necessary data for COGS and average inventory, we are unable to calculate the inventory turnover for Match Group Inc. for the years 2019 to 2023. This ratio is crucial as it indicates how many times a company's inventory is sold and replaced over a specific period, highlighting operational efficiency and inventory management effectiveness within the company.
To gain a better understanding of Match Group Inc.'s performance in managing its inventory, it is recommended to obtain the relevant financial figures and calculate the inventory turnover ratio for further analysis and comparison over the years provided.
Peer comparison
Dec 31, 2023