Insperity Inc (NSP)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 353,000 | 304,543 | 279,969 | 226,979 | 198,747 |
| Inventory | US$ in thousands | — | 0 | 61,485 | 58,214 | 55,686 |
| Inventory turnover | — | — | 4.55 | 3.90 | 3.57 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $353,000K ÷ $—K
= —
Insperity Inc's inventory turnover has shown a steady increase over the years from 3.57 in December 31, 2020, to 3.90 in December 31, 2021, and further to 4.55 in December 31, 2022. This indicates that the company is efficiently managing its inventory by selling its goods more frequently within a given time period. However, the absence of data for December 31, 2023, and December 31, 2024, makes it difficult to assess the trend accurately for those years. Overall, the increasing trend in inventory turnover suggests that Insperity Inc is effectively managing its inventory levels and generating sales from its inventory at a faster rate.
Peer comparison
Dec 31, 2024