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LendingTree (LendingTree) Inventory Turnover : 0.00 (As of Mar. 2024)


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What is LendingTree Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. LendingTree's Cost of Goods Sold for the three months ended in Mar. 2024 was $8.5 Mil. LendingTree's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LendingTree's Days Inventory for the three months ended in Mar. 2024 was 0.00.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. LendingTree's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.


LendingTree Inventory Turnover Historical Data

The historical data trend for LendingTree's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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LendingTree Inventory Turnover Chart

LendingTree Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
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LendingTree Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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LendingTree Inventory Turnover Calculation

LendingTree's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=38.758 / ((0 + 0) / 1 )
=38.758 / 0
=N/A

LendingTree's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=8.545 / ((0 + 0) / 1 )
=8.545 / 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LendingTree  (NAS:TREE) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

LendingTree's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0/8.545*365 / 4
=0.00

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

LendingTree's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 167.768
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


LendingTree Inventory Turnover Related Terms

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LendingTree (LendingTree) Business Description

Traded in Other Exchanges
Address
1415 Vantage Park Drive, Suite 700, Charlotte, NC, USA, 28203
LendingTree Inc is a United States-based company that is principally engaged in operating an online loan marketplace. The company provides online tools and resources that can help consumers find loans or other credit-based offerings they need, including mortgage loans, reverse mortgage, home equity, personal loans, auto loans, credit cards, student loans, small business loans, and other related offerings. The company offers consumers direct access to a broad range of lenders. The company generates match fees by matching consumers with lenders, and closing fees from lenders on loans when a transaction is closed. The company operates business solely in the United States.
Executives
Douglas R Lebda director, officer: Chairman & CEO 6701 CARMEL RD, SUITE 205, CHARLOTTE NC 28226
Jill Olmstead officer: Chief Human Resources Officer BARINGS LLC, 3300 SOUTH TRYON STREET SUITE 2500, CHARLOTTE NC 28202
Diego A Rodriguez director C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Mark A Ernst director 255 FISERV DRIVE, BROOKFIELD WI 53045
Scott V. Totman officer: Chief Technology Officer 1415 VANTAGE PARK DR., SUITE 700, CHARLOTTE NC 28203
Shiv Singh officer: Chief Marketing Office C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Carla Shumate officer: Chief Accounting Officer 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277
Neil Salvage officer: President 11115 RUSHMORE DR, CHARLOTTE NC 28277
Robin Henderson director 11115 RUSHMORE DR, CHARLOTTE NC 28277-3442
Scott Peyree officer: President, Insurance 1415 VANTAGE PARK DRIVE, SUITE 700, CHARLOTTE NC 28203
Trent Ziegler officer: Chief Financial Officer 1415 VANTAGE PARK DRIVE, SUITE 700, CHARLOTTE NC 28203
G Kennedy Thompson director 3000 HANOVER STREET, PALO ALTO CA 94304
Lisa M. Young officer: General Counsel C/O ENOVA INTERNATIONAL, INC., 175 W. JACKSON BLVD., CHICAGO IL 60604
Gci Liberty, Inc. director, 10 percent owner 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Sushil Sharma officer: Chief Product Officer 11115 RUSHMORE DR., CHARLOTTE NC 28277