Qualys Inc (QLYS)

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	111,473	109,566	107,473	107,729	107,485	108,103	107,356	105,740	102,788	98,768	95,255	91,761	89,439	86,932	85,072	82,411	79,226	75,168	71,657	70,303
Inventory	US$ in thousands	—	—	—	0	—	1,500	0	0	—	—	0	0	—	—	—	—	—	0	—	0
Inventory turnover		—	—	—	—	—	72.07	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $111,473K ÷ $—K
= —

Inventory turnover is a financial ratio that measures how many times a company's inventory is sold and replaced over a certain period. A higher inventory turnover ratio indicates that a company is selling its inventory quickly, which is generally seen as positive.

Based on the data provided for Qualys Inc, the inventory turnover ratio for the latest available period, as of September 30, 2023, is 72.07. This suggests that Qualys Inc is efficiently managing its inventory and is able to quickly convert its inventory into sales.

However, it is important to note that there is limited data available on inventory turnover for other periods, as many values are not provided in the dataset. This restricts our ability to analyze trends in inventory turnover over time and make comparisons with industry benchmarks or historical performance.

Overall, based on the data provided, Qualys Inc appears to have a very high inventory turnover ratio as of September 30, 2023, indicating effective inventory management. Further analysis with more complete data would be needed to gain a deeper understanding of the company's inventory turnover performance.