Xencor Inc (XNCR)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 63,479 | 54,889 | 45,137 | 34,389 | 27,686 |
| Inventory | US$ in thousands | -11,290 | 0 | -36,860 | — | 0 |
| Inventory turnover | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $63,479K ÷ $-11,290K
= —
To calculate the inventory turnover ratio for Xencor Inc, we need to gather the necessary information for each year from the table provided. The inventory turnover ratio is calculated by dividing the cost of goods sold by the average inventory for a specific period.
Given that the table does not provide the cost of goods sold or the inventory amounts for each year, we are unable to calculate the inventory turnover ratio. If this data is available, we can analyze the trend of the inventory turnover ratio over the past five years to assess how efficiently Xencor Inc is managing its inventory levels. A higher inventory turnover ratio indicates that the company is selling its inventory quickly, which can be a positive sign of efficiency. Conversely, a low inventory turnover ratio may indicate that the company is holding excess inventory, which can tie up capital and lead to increased holding costs.
Without the specific data, we are unable to provide a detailed analysis of Xencor Inc's inventory turnover.
Peer comparison
Dec 31, 2023