New York Times Company (NYT)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,958,560 | 1,914,280 | 1,642,140 | 1,474,960 | 0 |
| Inventory | US$ in thousands | — | 54,859 | 33,199 | 29,487 | 29,089 |
| Inventory turnover | — | 34.89 | 49.46 | 50.02 | 0.00 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,958,560K ÷ $—K
= —
To calculate the inventory turnover ratio for New York Times Co., we need the relevant data for cost of goods sold (COGS) and average inventory for each respective year. Without this information, we cannot compute the inventory turnover ratio. The inventory turnover ratio is a key financial metric that indicates the efficiency with which a company manages its inventory levels. A high turnover ratio suggests that the company sells its inventory quickly, while a low ratio may indicate excess inventory or slow sales. It is important to analyze this ratio in conjunction with industry benchmarks and historical trends for a comprehensive understanding of New York Times Co.'s inventory management performance.
Peer comparison
Dec 31, 2023