Robert Half International Inc (RHI)
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 | 5,648,440 | 5,777,570 | 5,749,950 | 5,887,520 | 6,015,940 | 6,141,510 | 6,314,970 | 6,256,160 | 6,176,920 | 4,659,658 | 4,561,778 | 4,502,498 | 4,247,198 | 4,267,620 | 3,925,770 | 3,543,990 | 3,647,570 | 4,950,570 | 5,200,370 | 5,507,280 |
| Inventory | US$ in thousands | — | 55,940 | -786,503 | -1,645,720 | 670,094 | 625,856 | 0 | 664,791 | 558,236 | 0 | 540,020 | 607,772 | 609,209 | 549,019 | -0 | 525,883 | 0 | 529,470 | 505,671 | 456,026 |
| Inventory turnover | — | 103.28 | — | — | 8.98 | 9.81 | — | 9.41 | 11.07 | — | 8.45 | 7.41 | 6.97 | 7.77 | — | 6.74 | — | 9.35 | 10.28 | 12.08 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $5,648,440K ÷ $—K
= —
The inventory turnover ratio for Robert Half International Inc has fluctuated over the past few years. The ratio measures how efficiently the company manages its inventory by calculating how many times during a period inventory is sold and replaced.
From March 31, 2020, to June 30, 2022, the inventory turnover ratio decreased from 12.08 to 8.45, indicating that the company took longer to sell through its inventory. This could suggest issues such as overstocking, slowing demand, or inefficiencies in the supply chain.
Subsequently, the ratio increased from September 30, 2022, to December 31, 2022, reaching 11.07, indicating a more efficient management of inventory during this period. However, there was a drop in the ratio to 8.98 by December 31, 2023, which could signal potential challenges in managing inventory levels again.
The most significant anomaly in the data was seen on September 30, 2024, with an inventory turnover ratio of 103.28. This exceptionally high figure may be due to a one-time event or data entry error. It is important to investigate further to understand the cause of such a drastic change.
Overall, the trend in Robert Half International Inc's inventory turnover ratio shows some variability, indicating the need for ongoing monitoring and analysis to ensure optimal inventory management practices are in place.
Peer comparison
Dec 31, 2024
Dec 31, 2024