Uber Technologies Inc (UBER)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 30,045,000 | 28,470,000 | 17,228,000 | 12,523,000 | 15,299,000 |
| Inventory | US$ in thousands | — | 680,000 | 1,643,000 | 767,000 | 99,000 |
| Inventory turnover | — | 41.87 | 10.49 | 16.33 | 154.54 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $30,045,000K ÷ $—K
= —
To calculate the inventory turnover for Uber Technologies Inc, we need the Cost of Goods Sold (COGS) and the average inventory for each year. Unfortunately, the specific figures are not provided in the table, so we cannot compute the inventory turnover for any of the given years. Inventory turnover is a critical ratio that measures how efficiently a company manages its inventory by showing how many times a company's inventory is sold and replaced over a specific period. A higher inventory turnover ratio indicates better inventory management and efficiency in selling goods. Without the necessary data, we are unable to analyze Uber's inventory turnover over the stated periods.
Peer comparison
Dec 31, 2023