Clear Secure Inc (YOU)

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
Cost of revenue (ttm)	US$ in thousands	293,683	281,886	266,691	215,291	197,263	178,802	162,241	178,648	161,054	147,237	133,630	120,140	104,936	88,612	76,607	65,978	73,715
Inventory	US$ in thousands	—	—	—	0	37,656	34,768	31,548	29,151	30,562	28,837	21,034	21,922	19,500	20,628	22,703	15,354	13,015
Inventory turnover		—	—	—	—	5.24	5.14	5.14	6.13	5.27	5.11	6.35	5.48	5.38	4.30	3.37	4.30	5.66

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $293,683K ÷ $—K
= —

Clear Secure Inc's inventory turnover has shown some fluctuations over the past few years. The inventory turnover ratio indicates how efficiently the company manages its inventory by measuring how many times it sells and replaces its inventory during a specific period.

From December 31, 2020, to June 30, 2022, Clear Secure Inc experienced a general increase in inventory turnover, with the ratio steadily climbing from 5.66 to 6.35. This suggests that the company was able to sell and replace its inventory more frequently during this time, indicating efficient inventory management.

However, from June 30, 2022, to March 31, 2024, the inventory turnover ratio fluctuated between 5.11 and 6.13. Although there were some ups and downs, the ratio generally remained at a relatively high level, indicating that Clear Secure Inc continued to effectively manage its inventory during this period.

As of December 31, 2024, the inventory turnover ratio data is not available, making it difficult to provide a complete analysis of the company's most recent inventory turnover performance. It would be beneficial to track future data points to assess any changes or trends in inventory turnover for Clear Secure Inc.