ZoomInfo Technologies Inc (ZI)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	851,400	778,700	561,800	402,600
Inventory	US$ in thousands	—	—	-700	15,900
Inventory turnover		—	—	—	25.32

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $851,400K ÷ $—K
= —

As the inventory turnover ratio data for ZoomInfo Technologies Inc. is not provided in the table, we are unable to calculate or analyze the trend over the past five years. However, the inventory turnover ratio is a key indicator of how efficiently a company manages its inventory levels. A higher inventory turnover ratio typically indicates that a company is effectively selling its inventory and replenishing it quickly.

To perform a comprehensive analysis of the inventory turnover ratio for ZoomInfo Technologies Inc., we would require the cost of goods sold and the average inventory figures for each year. By calculating the inventory turnover ratio for each year, we could assess how well ZoomInfo is utilizing its inventory to generate sales. A declining inventory turnover ratio could indicate overstocking or slowing sales, while a consistent or increasing ratio may suggest efficient inventory management.

Without the specific data provided in the table, it is not possible to draw any conclusions about ZoomInfo's inventory turnover performance. Investors and stakeholders should closely monitor this ratio to gauge the company's operational efficiency and supply chain management effectiveness.