Match Group Inc (MTCH)
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 | 2,013,733 | 2,104,622 | 2,079,267 | 2,279,235 | 2,300,660 | 1,921,368 | 1,934,789 | 1,675,884 | 1,586,683 | 1,525,403 | 1,410,338 | 1,282,944 | 2,171,433 | 2,292,745 | 2,200,028 | 2,168,159 | 1,127,420 | 1,086,567 | 1,027,420 | 969,255 |
| Inventory | US$ in thousands | — | — | — | 0 | — | — | — | — | 120,696 | — | — | — | 105,332 | — | — | — | — | — | — | — |
| Inventory turnover | — | — | — | — | — | — | — | — | 13.15 | — | — | — | 20.62 | — | — | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,013,733K ÷ $—K
= —
Based on the data provided, the inventory turnover ratio for Match Group Inc. is currently not available as the turnover figures for inventory in each of the quarters are not provided. The inventory turnover ratio is a key financial metric that indicates how efficiently a company is managing its inventory levels by measuring the number of times inventory is sold and replaced over a specific period.
To assess Match Group Inc.'s inventory turnover performance, it is crucial to have the turnover values for each quarter to calculate the ratio accurately. A high inventory turnover ratio typically suggests that the company is efficiently managing its inventory and generating sales, while a low ratio may indicate inventory management challenges or slow-moving inventory.
Without the inventory turnover figures, it is challenging to evaluate the company's inventory management effectiveness and make informed conclusions regarding its operational efficiency and financial health. Investors and stakeholders would benefit from additional data to assess Match Group Inc.'s performance in managing its inventory effectively.
Peer comparison
Dec 31, 2023
Dec 31, 2023