Shutterstock (SSTK)

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	611,475	611,475	601,404	591,883	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
Inventory	US$ in thousands	—	—	—	—	0	0	—	—	—	0	0	—	—	—	—	—	—	—	—	—
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $611,475K ÷ $—K
= —

Based on the provided data, the inventory turnover ratio for Shutterstock is not available for any of the reported periods. The inventory turnover ratio is a key financial metric that indicates how effectively a company manages its inventory by showing how many times the company's inventory is sold and replaced over a specific period.

The absence of inventory turnover figures for Shutterstock across all the mentioned dates suggests that specific inventory data or calculations may not be disclosed in the financial statements or reports. This may be due to various reasons such as the nature of the company's industry, business model, or possibly a strategic decision not to disclose this information publicly.

Without the inventory turnover ratio, it becomes challenging to assess the efficiency of Shutterstock's inventory management practices and their ability to convert inventory into sales. Investors and stakeholders typically use this ratio to evaluate the company's operational efficiency and inventory control. Monitoring changes in inventory turnover over time can provide insights into potential operational improvements or inefficiencies within the business.