TripAdvisor Inc (TRIP)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,389,000 | 1,171,000 | 822,000 | 713,000 | 996,000 |
| Inventory | US$ in thousands | — | — | -49,000 | -50,000 | — |
| Inventory turnover | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,389,000K ÷ $—K
= —
To calculate TripAdvisor Inc.'s inventory turnover ratio, we would need specific figures for the cost of goods sold (COGS) and average inventory for each of the years listed. Without this data, it is not possible to determine the inventory turnover ratio for any of the years provided.
The inventory turnover ratio is a crucial metric that indicates how efficiently a company is managing its inventory by showing how many times a company sells and replaces its inventory during a specific period. A higher inventory turnover ratio is generally preferred as it signifies that a company is selling its inventory quickly.
In order to conduct a more detailed analysis of TripAdvisor Inc.'s inventory turnover, additional financial data would be required for the years in question.
Peer comparison
Dec 31, 2023