Tegna Inc (TGNA)
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 | 2,187,683 | 2,195,957 | 2,188,432 | 2,178,837 | 2,167,633 | 2,139,412 | 2,112,936 | 2,087,957 | 2,059,316 | 2,042,955 | 2,013,246 | 1,961,029 | 1,939,803 | 1,904,408 | 1,818,098 | 1,728,532 | 1,615,545 | 1,504,617 | 1,467,828 | 1,450,960 |
| Inventory | US$ in thousands | — | 0 | — | — | — | 39,694 | 36,867 | 30,589 | 19,724 | 21,986 | 20,261 | 22,276 | 19,509 | 21,224 | 19,081 | 19,501 | 26,899 | 25,522 | 17,699 | 18,071 |
| Inventory turnover | — | — | — | — | — | 53.90 | 57.31 | 68.26 | 104.41 | 92.92 | 99.37 | 88.03 | 99.43 | 89.73 | 95.28 | 88.64 | 60.06 | 58.95 | 82.93 | 80.29 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,187,683K ÷ $—K
= —
Unfortunately, without specific figures for inventory levels and cost of goods sold, we are unable to calculate the inventory turnover ratio for TEGNA Inc for the periods listed. Inventory turnover is a key financial metric that measures how efficiently a company is managing its inventory by comparing its cost of goods sold to its average inventory during a specific period. It provides insights into how quickly a company sells its inventory and replenishes stock, which can indicate overall operational efficiency and financial health. To conduct a meaningful analysis, we would require the numerical data for inventory levels and cost of goods sold for the respective periods.
Peer comparison
Dec 31, 2023
Dec 31, 2023