Yelp Inc (YELP)
Inventory turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 143,199 | 149,848 | 145,836 | 135,758 | 124,532 | 113,096 | 111,531 | 108,335 | 105,705 | 101,267 | 95,647 | 86,652 | 78,097 | 69,373 | 61,381 | 55,213 | 57,186 | 58,521 | 61,842 | 64,992 |
| Inventory | US$ in thousands | — | — | — | 0 | — | 0 | — | — | 0 | 26,482 | 14,538 | 15,811 | — | 0 | 12,026 | 10,343 | — | — | — | — |
| Inventory turnover | — | — | — | — | — | — | — | — | — | 3.82 | 6.58 | 5.48 | — | — | 5.10 | 5.34 | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $143,199K ÷ $—K
= —
Based on the provided data, Yelp Inc's inventory turnover ratio has shown fluctuations over the analyzed periods. The inventory turnover ratio measures how efficiently a company is managing its inventory by indicating how many times inventory is sold and replaced in a given time frame.
For Yelp Inc:
- The inventory turnover ratio was not available (indicated by "—") for the periods up to December 31, 2021.
- As of March 31, 2022, the inventory turnover ratio was 5.48, indicating that the company sold and replaced its inventory approximately 5.48 times within that period.
- The ratio increased to 6.58 as of June 30, 2022, suggesting an improvement in inventory management efficiency.
- However, the ratio decreased significantly to 3.82 by September 30, 2022, indicating potential issues with inventory turnover efficiency.
Overall, based on the available data, it seems that Yelp Inc has shown some variability in its inventory turnover ratio, which may reflect changes in sales patterns, inventory management practices, or industry dynamics. Monitoring this ratio over time can provide insights into the company's operational efficiency and effectiveness in managing its inventory levels.
Peer comparison
Dec 31, 2024
Dec 31, 2024