Ziff Davis Inc (ZD)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 197,292 | 195,554 | 188,053 | 178,403 | 187,332 |
| Inventory | US$ in thousands | — | 0 | 4,626 | 0 | 0 |
| Inventory turnover | — | — | 40.65 | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $197,292K ÷ $—K
= —
To calculate the inventory turnover for Ziff Davis Inc, we need the cost of goods sold (COGS) and the average inventory for each respective year. Without this information provided in the table, we are unable to derive the inventory turnover ratio for any of the specified years. The inventory turnover ratio is a critical metric that measures how effectively a company is managing its inventory by indicating how many times the inventory is sold and replaced over a period.
For a comprehensive analysis of Ziff Davis Inc's inventory turnover, we would need additional financial data to compute the ratio. A high inventory turnover indicates efficient inventory management, while a low turnover may signify overstocking or slow-moving inventory. Monitoring this ratio over time can help assess operational efficiency and identify potential issues within the supply chain or sales process.