Shutterstock (SSTK)

Inventory turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	836,937	768,525	710,368	636,195	546,682
Inventory	US$ in thousands	—	0	—	0	0
Inventory turnover		—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $836,937K ÷ $—K
= —

Based on the data provided, the inventory turnover for Shutterstock is not available for the years ending December 31, 2020 through 2024. Inventory turnover is a key financial ratio that indicates how efficiently a company is managing its inventory by showing how many times the company's inventory is sold and replaced over a period.

The lack of information on inventory turnover for the specified years prevents us from evaluating Shutterstock's efficiency in managing its inventory levels and controlling costs related to inventory. A low inventory turnover can indicate overstocking or obsolete inventory, while a high inventory turnover suggests effective inventory management and potentially stronger sales.

It is important for Shutterstock to monitor and optimize its inventory turnover to ensure efficient operations, cost control, and effective resource utilization. Without specific data on inventory turnover, it is challenging to provide a detailed analysis of this aspect of Shutterstock's financial performance over the specified period.