QuinStreet Inc (QNST)

Inventory turnover

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Cost of revenue	US$ in thousands	982,840	567,268	532,101	528,368	507,956
Inventory	US$ in thousands	—	—	0	4,326	7,386
Inventory turnover		—	—	—	122.14	68.77

June 30, 2025 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $982,840K ÷ $—K
= —

The inventory turnover for QuinStreet Inc, as of June 30, 2021, was 68.77 times, indicating a relatively high rate of inventory sales relative to its inventory holdings during that period. This figure increased substantially to 122.14 times by June 30, 2022, suggesting a significant improvement in the company's efficiency in managing and converting inventory into sales within that year.

However, there is no available data for inventory turnover beyond June 30, 2022, extending through the subsequent years up to June 30, 2025. The absence of further data points precludes a comprehensive trend analysis over the longer term or an assessment of whether the elevated turnover rate was sustained.

Overall, the marked increase from 2021 to 2022 could indicate enhanced operational efficiency, better inventory management practices, or higher sales volume relative to inventory levels during that period. The lack of subsequent data makes it challenging to determine if this trend continued, plateaued, or declined in later years.