SolarWinds Corp (SWI)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	87,005	95,983	227,016	211,443	198,134
Inventory	US$ in thousands	—	0	-1,114	-2,273	-1,117
Inventory turnover		—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $87,005K ÷ $—K
= —

To calculate SolarWinds Corp's inventory turnover for each year, we need the cost of goods sold (COGS) and the average inventory level for the respective year. Unfortunately, without this information provided in the table, we are unable to derive the inventory turnover ratios. Inventory turnover is a crucial financial ratio that measures how efficiently a company is managing its inventory by indicating how many times a company sells and replaces its inventory during a certain period. A higher inventory turnover ratio typically reflects that a company is selling its inventory quickly, which is favorable. Conversely, a lower ratio may indicate that the company is struggling to move its inventory, potentially leading to excess or obsolete stock. Further analysis on SolarWinds Corp's inventory turnover would require additional financial data to provide a comprehensive evaluation.