Shenandoah Telecommunications Co (SHEN)

Inventory turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	278,679	211,644	208,661	214,507	211,422	166,000	162,002	148,032	141,976	180,333	176,217	167,313	158,950	44,789	65,685	99,414	133,424	273,151	276,827	327,470
Inventory	US$ in thousands	9,836	-4,647	29,598	33,830	22,622	30,245	46,620	23,689	-136,537	13,091	1,112,210	1,128,340	1,062,900	1,157,310	3,295	7,071	5,728	4,561	6,566	7,240
Inventory turnover		28.33	—	7.05	6.34	9.35	5.49	3.47	6.25	—	13.78	0.16	0.15	0.15	0.04	19.93	14.06	23.29	59.89	42.16	45.23

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $278,679K ÷ $9,836K
= 28.33

Unfortunately, I do not have access to the specific data required to calculate the inventory turnover for Shenandoah Telecommunications Co. based on the table provided. In order to analyze inventory turnover, we need the cost of goods sold and average inventory levels for each period. Without this data, a detailed analysis cannot be provided.