Progyny Inc (PGNY)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cost of revenue (ttm) | US$ in thousands | 1,099,766 | 1,073,262 | 1,061,797 | 1,042,586 | 1,026,414 | 981,289 | 912,703 | 834,680 | 763,572 | 680,298 | 599,401 | 530,230 | 468,281 | 439,680 | 420,028 | 369,458 | 336,297 | 301,135 | 265,695 |
Inventory | US$ in thousands | — | — | — | 0 | 0 | — | 0 | — | — | 0 | 0 | — | — | — | — | — | — | — | — |
Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,099,766K ÷ $—K
= —
The inventory turnover ratio for Progyny Inc is not available for the periods specified in the data provided. Inventory turnover is a crucial financial metric that indicates how efficiently a company is managing its inventory. It is calculated by dividing the cost of goods sold by the average inventory for a specific period.
Since the inventory turnover ratio is not provided for any of the reporting periods, it is not possible to assess how quickly Progyny Inc is selling its inventory and replenishing it. A high inventory turnover ratio typically suggests efficient inventory management and indicates that the company is selling goods quickly. On the other hand, a low inventory turnover ratio may indicate overstocking or slow-moving inventory, which can tie up capital and lead to potential obsolescence risks.
Without the specific data on the inventory turnover ratio for Progyny Inc, it is challenging to make a detailed analysis of the company's inventory management efficiency or compare it to industry benchmarks. It would be beneficial for stakeholders and investors to have access to this information in order to better evaluate the company's operational performance and financial health.
Peer comparison
Dec 31, 2024
Dec 31, 2024