Yelp Inc (YELP)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 930,863 | 105,705 | 78,097 | 57,186 | 62,410 |
| Inventory | US$ in thousands | — | 0 | 23,480 | — | — |
| Inventory turnover | — | — | 3.33 | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $930,863K ÷ $—K
= —
To calculate Inventory Turnover for Yelp Inc, we need two key figures: Cost of Goods Sold (COGS) and Average Inventory. Unfortunately, the table provided does not include the necessary data to compute Inventory Turnover for the years 2019 to 2023. Therefore, without the specific figures for COGS and Average Inventory, a precise analysis of Yelp Inc's Inventory Turnover over this period cannot be conducted. However, Inventory Turnover is a critical metric that signifies how efficiently a company manages its inventory. A high Inventory Turnover ratio generally indicates efficient inventory management, while a low ratio may suggest excess inventory or slow-moving goods. For a more detailed analysis, it is recommended to access the company's financial statements or additional data sources to calculate Inventory Turnover accurately and evaluate Yelp Inc's inventory management performance over the specified period.
Peer comparison
Dec 31, 2023