Match Group Inc (MTCH)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 991,273 | 981,827 | 959,963 | 839,308 | 635,833 |
| Inventory | US$ in thousands | — | 46,433 | — | 0 | 105,332 |
| Inventory turnover | — | 21.15 | — | — | 6.04 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $991,273K ÷ $—K
= —
The inventory turnover ratio for Match Group Inc reveals a fluctuating trend over the years. In December 2020, the inventory turnover was calculated at 6.04 times, indicating that the company's inventory was turned over approximately 6 times during that year. Interestingly, the data is unavailable for December 2021 and December 2022. However, in December 2023, the inventory turnover surged significantly to 21.15 times, suggesting a more efficient management of inventory and a quicker conversion of goods into sales. The inventory turnover ratio being unavailable once again in December 2024 makes it challenging to ascertain the trend conclusively, but the preceding data points hint at potential improvements in the company's inventory management practices.
Peer comparison
Dec 31, 2024