Talos Energy (TALO)

Inventory turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	1,590,980	1,141,760	726,210	682,958	611,964
Inventory	US$ in thousands	—	0	25,541	49,009	36,161
Inventory turnover		—	—	28.43	13.94	16.92

December 31, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $1,590,980K ÷ $—K
= —

The inventory turnover for Talos Energy has shown fluctuations over the years. As of December 31, 2020, the inventory turnover was 16.92, indicating that the company was able to sell and replace its inventory multiple times throughout the year. However, by December 31, 2021, the inventory turnover decreased to 13.94, suggesting a slower rate of inventory turnover.

Interestingly, by December 31, 2022, the inventory turnover significantly improved to 28.43, demonstrating a more efficient use of inventory during that period. However, there is no data available for December 31, 2023, and December 31, 2024.

Overall, analyzing the inventory turnover ratios provides insight into how effectively Talos Energy is managing its inventory levels and turning them into sales. The fluctuations observed in the inventory turnover ratios reflect changes in the company's inventory management practices and sales performance over the years.