Uber Technologies Inc (UBER)

Inventory turnover

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	30,045,000	29,676,000	29,734,000	29,780,000	28,470,000	26,234,000	23,263,000	20,038,000	17,228,000	14,174,000	13,119,000	11,992,000	12,350,000	13,974,000	14,288,000	15,914,000	15,299,000
Inventory	US$ in thousands	—	833,000	909,000	897,000	680,000	1,545,000	1,391,000	1,513,000	631,000	414,000	324,000	247,000	767,000	218,000	123,000	193,000	99,000	33,000	137,000	136,000
Inventory turnover		—	35.63	32.71	33.20	41.87	16.98	16.72	13.24	27.30	34.24	40.49	48.55	16.10	64.10	116.16	82.46	154.54

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $30,045,000K ÷ $—K
= —

As the data provided is missing the inventory turnover figures for Uber Technologies Inc across various quarters, it is not possible to conduct a detailed analysis of the inventory turnover trend. To provide a meaningful analysis, we would need access to the inventory levels and cost of goods sold figures for each quarter.

Inventory turnover ratio is a key financial metric that indicates how efficiently a company is managing its inventory by measuring the number of times inventory is sold and replaced over a specific period. A higher inventory turnover ratio generally indicates that the company is selling its inventory quickly and efficiently.

Without the specific figures for Uber's inventory turnover, it is not possible to assess whether the company's inventory management has been improving, deteriorating, or remaining stable over the reported periods. Monitoring inventory turnover over time can provide insights into inventory management efficiency and potential operational improvements within the organization.