Regenxbio Inc (RGNX)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	146,758	152,726	138,197	115,616	67,208
Inventory	US$ in thousands	—	13,900	18,752	10,505	6,475
Inventory turnover		—	10.99	7.37	11.01	10.38

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $146,758K ÷ $—K
= —

To calculate the inventory turnover ratio for Regenxbio Inc, we would need specific values for the cost of goods sold (COGS) and the average inventory for each year. Unfortunately, the data provided does not include these figures, so we are unable to compute the inventory turnover ratio for any of the mentioned years.

However, inventory turnover is a crucial metric that measures how efficiently a company is managing its inventory by indicating how many times the company's inventory is sold and replaced over a period. A higher inventory turnover generally signifies efficient inventory management and potentially faster sales cycles.

It is recommended that Regenxbio Inc provides more detailed financial information, particularly the COGS and average inventory figures, to assess its inventory turnover ratios and further evaluate the effectiveness of its inventory management practices in driving operational efficiency and financial performance.