ACI Worldwide Inc (ACIW)

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 819,369 829,905 810,179 760,698 748,145 716,221 710,349 708,339 696,071 679,432 666,391 645,672 638,871 627,508 627,375 616,107 622,459 644,866 660,455 668,349
Inventory US$ in thousands — — — 34,416 — 32,176 35,563 34,017 28,010 29,766 34,027 33,465 24,698 29,820 31,258 32,181 24,288 25,913 29,620 32,047
Inventory turnover — — — 22.10 — 22.26 19.97 20.82 24.85 22.83 19.58 19.29 25.87 21.04 20.07 19.15 25.63 24.89 22.30 20.86

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $819,369K ÷ $—K
= —

Inventory turnover is a financial ratio that measures the efficiency of a company in managing its inventory. It indicates how many times a company's inventory is sold and replaced over a specific period. In the case of ACI Worldwide Inc, the inventory turnover ratio has fluctuated over the recent quarters.

The trend in ACI's inventory turnover shows some variations. From December 31, 2020, to December 31, 2023, the company experienced an overall increase in inventory turnover, reaching its peak at 25.87 on December 31, 2021. This suggests that ACI was able to sell and replace its inventory more frequently during this period.

However, in the subsequent quarters up to June 30, 2024, ACI's inventory turnover ratio declined slightly, dropping to 19.97 on June 30, 2023. This reduction could potentially indicate challenges in managing inventory levels efficiently or changes in sales patterns.

It is worth noting that the inventory turnover ratio for December 31, 2023, and the following periods is not available in the data provided. Without this data point, it is challenging to assess the most recent trend accurately.

In conclusion, the analysis of ACI Worldwide Inc's inventory turnover ratio indicates fluctuations over the examined period. While the company showed improvements in inventory turnover in the past, its recent performance suggests a slight decline in the efficiency of inventory management, as seen in the drop in the ratio in the last few quarters. Evaluating future data points will be crucial to monitor any potential changes in inventory management practices by ACI Worldwide Inc.