Thryv Holdings Inc (THRY)
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 | 286,919 | 299,803 | 312,110 | 327,950 | 338,714 | 362,724 | 387,557 | 402,234 | 422,006 | 414,652 | 413,808 | 420,402 | 408,043 | 402,689 | 385,869 | 383,867 | 385,327 | 390,545 | 418,739 | 436,129 |
| Inventory | US$ in thousands | — | — | 0 | 0 | 34,493 | 37,886 | 29,318 | 39,580 | 25,092 | 28,253 | 32,463 | 43,112 | 22,418 | 33,084 | 36,370 | 36,277 | 26,172 | 30,024 | 0 | 32,780 |
| Inventory turnover | — | — | — | — | 9.82 | 9.57 | 13.22 | 10.16 | 16.82 | 14.68 | 12.75 | 9.75 | 18.20 | 12.17 | 10.61 | 10.58 | 14.72 | 13.01 | — | 13.30 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $286,919K ÷ $—K
= —
Thryv Holdings Inc's inventory turnover ratio reflects the efficiency with which the company manages its inventory levels. Looking at the historical data provided, we observe fluctuations in the inventory turnover ratio over time.
The inventory turnover ratio was relatively stable between March 2020 and December 2021, ranging from 10.58 to 18.20. This indicates that on average, Thryv Holdings Inc turned over its inventory approximately 10 to 18 times during this period.
However, there was a decline in the inventory turnover ratio from March 2022 to December 2023, with the ratio ranging from 9.75 to 9.82. This could suggest potential issues with managing inventory efficiently during this period.
Furthermore, the data shows that there are missing values for June 2020, March 2024, June 2024, September 2024, and December 2024. These missing values may indicate possible data gaps or reporting issues for those specific periods.
In conclusion, while Thryv Holdings Inc demonstrated varying levels of inventory turnover efficiency over the analyzed period, the company may need to review its inventory management practices to ensure optimal turnover and control over its inventory levels.