Palantir Technologies Inc. Class A Common Stock (PLTR)

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	565,990	500,096	461,379	439,716	431,105	426,777	426,466	421,791	408,549	391,801	370,994	359,696	339,404	322,344	384,880	362,364	352,547	357,946	273,679	261,858
Inventory	US$ in thousands	—	—	—	—	—	0	—	11,946	16,244	—	0	0	36,628	41,316	36,750	37,106	37,285	43,800	37,069	—
Inventory turnover		—	—	—	—	—	—	—	35.31	25.15	—	—	—	9.27	7.80	10.47	9.77	9.46	8.17	7.38	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $565,990K ÷ $—K
= —

The inventory turnover ratio for Palantir Technologies Inc. Class A Common Stock has shown a mixed trend over the past few years. The ratio indicates how efficiently the company is managing its inventory.

In the data provided, the inventory turnover ratio increased from 7.38 in June 30, 2020, to a peak of 35.31 in March 31, 2023, reflecting an improvement in inventory management efficiency. This significant increase suggests that Palantir Technologies was able to sell its inventory more frequently during this period.

However, there are periods where the inventory turnover ratio dropped, such as in September 30, 2021, when it decreased to 7.80. This could indicate potential issues with inventory management or a slowdown in sales during that period.

The most recent data available show an inventory turnover ratio of 25.15 in December 31, 2022, which is relatively high compared to earlier periods. This may signal improved efficiency in managing and selling inventory during that period.

It is important for investors and analysts to monitor the inventory turnover ratio over time to assess the company's inventory management performance and operational efficiency. Fluctuations in the ratio may provide insights into the company's sales trends, production capabilities, and overall business performance.