Qualys Inc (QLYS)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	107,485	102,788	89,439	79,226	69,517
Inventory	US$ in thousands	—	—	—	—	—
Inventory turnover		—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $107,485K ÷ $—K
= —

To calculate Qualys Inc's inventory turnover ratio, we need to use the formula:

Inventory Turnover = Cost of Goods Sold / Average Inventory

Unfortunately, the specific data for Cost of Goods Sold and Inventory levels are not provided in the table. Without these figures, it is not possible to calculate the inventory turnover ratio for Qualys Inc for the years ended December 31, 2019 to December 31, 2023. This ratio is crucial in evaluating how efficiently the company manages its inventory by measuring how many times during a period the company sells and replaces its inventory.

For a more in-depth analysis of Qualys Inc's inventory turnover performance, we would need access to additional financial data or reports providing Cost of Goods Sold and Inventory figures for the relevant years. By analyzing this ratio over time, we could assess how effectively the company is managing its inventory levels, identifying any potential issues related to overstocking, understocking, or slow-moving inventory.