Qualys Inc (QLYS)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 111,482 | 107,485 | 102,788 | 89,439 | 79,226 |
| Inventory | US$ in thousands | — | -20,856 | — | — | — |
| Inventory turnover | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $111,482K ÷ $—K
= —
Based on the provided data, Qualys Inc's inventory turnover ratios for the years 2020, 2021, 2022, 2023, and 2024 are not available (denoted by "—"). This lack of available data on inventory turnover indicates a limitation in our ability to assess the company's efficiency in managing its inventory levels and converting them into sales.
Inventory turnover is a crucial financial ratio that reflects how effectively a company is managing its inventory by measuring how many times inventory is sold and replaced over a specific period. A higher inventory turnover ratio generally indicates more efficient inventory management and better liquidity for the company.
The absence of inventory turnover data for Qualys Inc for the specified years makes it challenging to evaluate the trend and analyze the company's performance in terms of inventory control and sales turnover. Access to this data would be essential for a comprehensive assessment of the company's operational efficiency, financial health, and potential risks related to inventory management.
Peer comparison
Dec 31, 2024