Insperity Inc (NSP)
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 | 353,000 | 338,338 | 324,521 | 316,055 | 304,543 | 299,659 | 298,532 | 285,363 | 279,969 | 267,300 | 257,526 | 244,349 | 226,979 | 219,367 | 206,053 | 195,723 | 198,747 | 198,827 | 202,891 | 209,096 |
| Inventory | US$ in thousands | — | — | — | 98,000 | 64,416 | 72,523 | 70,749 | 98,778 | 61,485 | 82,197 | 106,268 | 72,145 | 58,214 | 67,470 | 63,271 | 104,023 | 55,686 | 80,024 | 68,710 | 93,874 |
| Inventory turnover | — | — | — | 3.23 | 4.73 | 4.13 | 4.22 | 2.89 | 4.55 | 3.25 | 2.42 | 3.39 | 3.90 | 3.25 | 3.26 | 1.88 | 3.57 | 2.48 | 2.95 | 2.23 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $353,000K ÷ $—K
= —
Insperity Inc's inventory turnover has shown some fluctuations over the past few years. The inventory turnover ratio indicates how efficiently the company manages its inventory by measuring how many times the inventory is sold and replaced during a specific period.
From March 31, 2020, to June 30, 2024, Insperity Inc's inventory turnover ranged from a low of 1.88 to a high of 4.73. There were instances of sharp increases and decreases in the ratio over this period, which may be attributed to various factors such as seasonal fluctuations in demand, changes in inventory management practices, or shifts in the business environment.
It is essential to note that there were missing data points for the inventory turnover ratio for June 30, September 30, and December 31, 2024. This lack of data for these periods may limit the ability to draw a complete trend analysis for the company's inventory turnover performance.
Overall, a higher inventory turnover ratio indicates that Insperity Inc is efficiently managing its inventory by selling and replenishing it more rapidly. Conversely, a lower ratio may suggest inefficient inventory management, excess stock levels, or slow-moving inventory. Further analysis and comparison with industry benchmarks would provide a better understanding of Insperity Inc's inventory management efficiency.
Peer comparison
Dec 31, 2024
Dec 31, 2024