Shutterstock (SSTK)

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	573,670	573,670	536,389	527,918	519,301	689,065	685,993	660,451	636,295	591,315	553,573	531,979	539,082	541,063	558,063	580,640	578,552	567,831	556,512	544,066
Inventory	US$ in thousands	—	0	—	—	—	0	0	—	—	—	—	—	—	—	—	—	—	—	—	—
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $573,670K ÷ $—K
= —

Unfortunately, without the specific data for inventory levels and cost of goods sold for each period, it is not possible to calculate the inventory turnover for Shutterstock Inc. The inventory turnover ratio is a key metric that indicates how efficiently a company is managing its inventory. A higher turnover ratio typically signifies that the company is selling its inventory quickly, which is usually a positive sign. Conversely, a lower turnover ratio may indicate potential issues such as overstocking or slow-moving inventory. For a more in-depth analysis and comparison of Shutterstock Inc's inventory turnover performance, it would be necessary to access the relevant financial data for the periods in question.