Trade Desk Inc (TTD)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 472,012 | 365,598 | 281,123 | 221,554 | 178,812 |
| Inventory | US$ in thousands | — | 0 | 0 | 0 | — |
| Inventory turnover | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $472,012K ÷ $—K
= —
The inventory turnover data for Trade Desk Inc. indicates that the company did not report or did not have inventory during the periods ending December 31, 2020, through December 31, 2024. The absence of reported inventory suggests that the firm either operates without significant physical inventory, which is typical for a digital advertising technology company, or did not disclose inventory figures in its financial statements during these periods. Consequently, the inventory turnover ratio cannot be calculated or analyzed for this timeframe, reflecting the company's operational profile as primarily service and software-oriented rather than inventory-dependent.
Peer comparison
Dec 31, 2024