XPO Logistics Inc (XPO)
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 | 3,869,000 | 2,886,000 | 4,388,000 | 6,044,000 | 8,023,000 | 10,805,000 | 11,108,000 | 11,829,000 | 12,039,000 | 9,196,000 | 9,163,000 | 8,369,000 | 7,865,000 | 7,883,000 | 7,874,000 | 8,098,000 | 8,265,000 | 8,263,000 | 8,417,700 | 8,579,900 |
| Inventory | US$ in thousands | — | -1,000 | -2,000 | 16,000 | 17,000 | 17,000 | 19,000 | 24,000 | 26,000 | 25,000 | — | — | — | — | — | — | — | — | — | — |
| Inventory turnover | — | — | — | 377.75 | 471.94 | 635.59 | 584.63 | 492.88 | 463.04 | 367.84 | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $3,869,000K ÷ $—K
= —
As the provided table does not contain specific data on XPO Inc's inventory turnover for any of the listed quarters, a detailed analysis based on this information is not feasible. In order to calculate and analyze the inventory turnover ratio for XPO Inc, we would need the values of average inventory and cost of goods sold for each quarter. This ratio is a key indicator of how efficiently a company is managing its inventory levels and generating sales from its inventory.
If you can provide me with the necessary data for any of the quarters, I would be able to calculate the inventory turnover ratio and provide you with a detailed analysis of XPO Inc's inventory management efficiency during that specific period.
Peer comparison
Dec 31, 2023
Dec 31, 2023