NV5 Global Inc (NVEE)
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 | 374,672 | 497,280 | 488,795 | 472,010 | 447,109 | 421,345 | 401,642 | 392,796 | 400,804 | 395,004 | 384,590 | 369,215 | 347,391 | 337,730 | 327,192 | 318,312 | 324,757 | 310,953 | 295,302 | 282,599 |
| Inventory | US$ in thousands | — | — | — | — | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $374,672K ÷ $—K
= —
Based on the provided data, the inventory turnover ratio for NV5 Global Inc is not available for the periods from March 31, 2020, to December 31, 2024. The inventory turnover ratio is a financial metric used to assess how efficiently a company manages its inventory by measuring the number of times inventory is sold and replaced within a specific period.
Since the inventory turnover ratio is not provided for the given periods, it is not possible to evaluate the company's inventory management efficiency or analyze any trends in inventory turnover over time. A higher inventory turnover ratio generally indicates that a company is selling its inventory quickly, which can be a positive sign of operational efficiency.
However, the absence of specific turnover ratio values in the data restricts any further in-depth analysis or comparison with industry benchmarks. It is essential for companies to monitor their inventory turnover ratio regularly to ensure optimal inventory management practices and assess their overall operational performance.
Peer comparison
Dec 31, 2024
Dec 31, 2024