Vir Biotechnology Inc (VIR)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	2,765	146,319	65,865	0	0
Inventory	US$ in thousands	—	—	8,594	—	—
Inventory turnover		—	—	7.66	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $2,765K ÷ $—K
= —

To calculate Vir Biotechnology Inc's inventory turnover ratio, we need the cost of goods sold (COGS) figure for each year. Without the COGS data provided in the table, it is not possible to compute the inventory turnover for the company. The inventory turnover ratio is a critical metric that indicates how efficiently a company manages its inventory levels. A higher inventory turnover implies that the company is selling its inventory quickly and efficiently, while a lower ratio may suggest overstocking or slow sales.

To gain a complete understanding of Vir Biotechnology Inc's inventory turnover performance, it would be advisable to obtain the COGS figures for the relevant years and compute the ratios accordingly. This analysis can provide valuable insights into the company's inventory management efficiency and overall operational effectiveness.