Sabre Corpo (SABR)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	1,189,610	1,040,820	691,451	579,010	1,726,160
Inventory	US$ in thousands	63,900	21,035	42,397	—	—
Inventory turnover		18.62	49.48	16.31	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $1,189,610K ÷ $63,900K
= 18.62

To calculate Sabre Corp's inventory turnover for the years ending December 31, we need to use the formula:

Inventory Turnover = Cost of Goods Sold / Average Inventory

However, since the table provided does not include the Cost of Goods Sold or the Average Inventory values, we are unable to compute the inventory turnover ratio for Sabre Corp.

Inventory turnover is a key financial ratio that measures how efficiently a company manages its inventory by indicating how many times a company sells and replaces its inventory during a specific period. A higher inventory turnover ratio generally indicates that a company is selling its inventory quickly and efficiently, while a lower ratio may suggest slower sales or excess inventory levels.

Without the necessary data, we are unable to provide a specific analysis of Sabre Corp's inventory turnover.