Strategic Education Inc (STRA)

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	625,207	618,200	615,782	610,729	604,268	591,803	601,228	628,769	683,350	718,340	714,360	678,356	609,174	563,395	545,216	536,358	536,836	344,172	369,726	323,916
Inventory	US$ in thousands	—	0	0	3,793	0	0	—	—	—	2,167	5,801	—	—	—	—	—	—	—	—	—
Inventory turnover		—	—	—	161.01	—	—	—	—	—	331.49	123.14	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $625,207K ÷ $—K
= —

Based on the table provided, it appears that specific data for Strategic Education Inc's inventory turnover ratio is not available for each quarter from Q1 2022 to Q4 2023. The inventory turnover ratio is a critical measure of how efficiently a company manages its inventory levels and is calculated by dividing the cost of goods sold by the average inventory for a specific period. Without the actual values for the inventory turnover ratio for the mentioned quarters, it is challenging to assess the company's efficiency in managing and selling its inventory. Further data or information would be needed to analyze and interpret Strategic Education Inc's inventory turnover effectively.