TechTarget, Inc. Common Stock (TTGT)
Inventory turnover
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 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cost of revenue (ttm) | US$ in thousands | 94,821 | 91,750 | 84,933 | 79,287 | 75,749 | 76,571 | 77,920 | 78,488 | 78,626 | 76,425 | 73,866 | 71,208 | 62,591 | 54,232 | 45,127 | 37,345 | 34,995 | 33,830 | 32,997 | 31,858 |
Inventory | US$ in thousands | — | — | — | — | — | 0 | — | 0 | — | — | — | — | — | 0 | 0 | — | — | — | 0 | 0 |
Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
September 30, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $94,821K ÷ $—K
= —
The inventory turnover ratio for TechTarget, Inc. Common Stock is not available for the period from December 31, 2019, to September 30, 2024, as indicated by the data provided. Inventory turnover is a financial ratio that measures how many times a company sells and replaces its inventory during a specific period.
Given that the inventory turnover data is not provided in the JSON, it is not possible to analyze this particular aspect of TechTarget, Inc.'s operations. The inventory turnover ratio is an important metric that helps assess how efficiently a company is managing its inventory levels and generating sales from its inventory. A high ratio indicates that the company is selling its inventory quickly, which is generally preferable as it minimizes holding costs and reduces the risk of inventory obsolescence.
Without the specific turnover ratio figures, it is challenging to evaluate TechTarget, Inc.'s inventory management efficiency, monitor trends over time, or compare its performance to industry benchmarks. In future analyses, it would be helpful to include this data to provide a more comprehensive assessment of the company's operational efficiency and effectiveness in managing its inventory.
Peer comparison
Sep 30, 2024
Sep 30, 2024