Arcus Biosciences Inc (RCUS)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 125,000 | 110,000 | 76,129 | 45,553 | 28,806 |
| Inventory | US$ in thousands | — | -172,000 | -762,442 | -7,169 | — |
| Inventory turnover | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $125,000K ÷ $—K
= —
To calculate the inventory turnover for Arcus Biosciences Inc, we would need the values for cost of goods sold (COGS) and average inventory for each respective year. As the table provided contains only the inventory turnover ratio values, it is not possible to conduct a detailed analysis of Arcus Biosciences Inc's inventory turnover trend over the past five years.
Without the specific numerical data, we are unable to assess the efficiency of Arcus Biosciences Inc in managing its inventory levels and converting them into sales. A higher inventory turnover ratio generally indicates that the company is selling its inventory quickly and efficiently, while a lower ratio may suggest overstocking or slow sales.
To provide a more insightful analysis of Arcus Biosciences Inc's inventory turnover, it would be necessary to have the COGS and average inventory figures for each year in consideration.
Peer comparison
Dec 31, 2023