ACI Worldwide Inc (ACIW)

Inventory turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	719,211	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	617,453	548,630	476,935	437,956
Inventory	US$ in thousands	—	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	24,542	28,160	30,645	42,013
Inventory turnover		—	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	25.16	19.48	15.56	10.42

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $719,211K ÷ $—K
= —

Based on the data provided, it seems that the inventory turnover ratio for ACI Worldwide Inc is not available for the specified quarters. This may indicate that the company does not disclose this information or it may be calculated differently than the standard formula. Without the inventory turnover ratio figures, it is challenging to assess how efficiently the company is managing its inventory levels. Additionally, the absence of this key metric makes it difficult to compare ACI Worldwide's performance over time or relative to its industry peers. It is recommended to obtain additional information or seek clarification from the company to gain a better understanding of their inventory management efficiency.