PDF Solutions Inc (PDFS)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 51,749 | 47,907 | 44,193 | 36,765 | 33,474 |
| Inventory | US$ in thousands | — | 0 | — | — | 0 |
| Inventory turnover | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $51,749K ÷ $—K
= —
As the inventory turnover ratio data is missing for PDF Solutions Inc. for multiple consecutive years (2020, 2021, 2022, and 2023), we are unable to provide a specific analysis of the trend or performance in managing inventory levels over time. The inventory turnover ratio is a key indicator of how efficiently a company is managing its inventory by measuring the number of times inventory is sold or replaced over a given period.
Without the specific data, we are unable to assess whether PDF Solutions Inc. has improved or deteriorated its inventory turnover efficiency over the years. It is advisable for the company to provide this information in order to evaluate its inventory management practices and their impact on the overall financial performance.
Peer comparison
Dec 31, 2023