ServiceNow Inc (NOW)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	1,921,000	1,573,000	1,353,000	987,000	796,000
Inventory	US$ in thousands	461,000	369,000	303,000	228,924	175,039
Inventory turnover		4.17	4.26	4.47	4.31	4.55

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $1,921,000K ÷ $461,000K
= 4.17

I'm sorry, but it seems that the table data for ServiceNow Inc's inventory turnover is incomplete, as the specific values for each year are not provided. In order to conduct a comprehensive analysis of the inventory turnover, I would need the actual figures for each respective year. Once the data is available, I would be able to calculate the inventory turnover ratio for each year and provide a detailed analysis based on the trend, industry benchmarks, and any notable changes or patterns over the years.