Match Group Inc (MTCH)
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 | 1,054,205 | 1,059,093 | 1,061,562 | 1,034,824 | 987,204 | 981,827 | 973,191 | 963,737 | 959,963 | 958,581 | 943,830 | 896,089 | 839,308 | 778,028 | 715,640 | 671,394 | 815,160 | 936,472 | 1,063,034 | 1,190,570 |
| Inventory | US$ in thousands | — | — | 0 | — | 0 | — | — | 0 | — | — | — | 0 | 120,696 | 0 | — | — | 105,332 | — | 0 | — |
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | 6.95 | — | — | — | 7.74 | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,054,205K ÷ $—K
= —
Match Group Inc's inventory turnover has shown variability over the period provided. As of December 31, 2020, the inventory turnover ratio was 7.74, indicating that the company sold its inventory nearly 8 times during that period. Subsequently, by December 31, 2021, the inventory turnover ratio decreased to 6.95.
For the rest of the periods up to December 31, 2024, the inventory turnover ratio was not provided, denoted by "—". This lack of data makes it difficult to track the trend in inventory turnover beyond 2021.
In evaluating inventory turnover, a higher ratio is generally preferred as it suggests efficient management of inventory levels by Match Group Inc. However, a declining ratio could indicate potential issues such as overstocking or slow sales. It is important for the company to monitor its inventory turnover regularly to ensure optimal inventory management practices and operational efficiency.
Peer comparison
Dec 31, 2024
Dec 31, 2024