Aecom Technology Corporation (ACM)
Inventory turnover
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 15,021,160 | 14,794,900 | 14,342,160 | 13,921,580 | 13,433,000 | 13,051,720 | 12,659,390 | 12,401,020 | 12,300,160 | 12,227,960 | 12,413,620 | 12,480,210 | 12,542,500 | 12,785,000 | 12,582,800 | 12,589,400 | 12,530,400 | 12,475,000 | 12,676,800 | 12,867,700 |
| Inventory | US$ in thousands | — | -15,300 | 105,091 | 85,896 | -17,200 | -2,714,940 | 110,574 | 72,588 | 838,402 | 862,767 | 831,389 | 849,588 | 878,470 | 994,171 | — | 1,405,670 | 1,384,120 | 1,412,560 | 1,526,460 | 2,174,260 |
| Inventory turnover | — | — | 136.47 | 162.07 | — | — | 114.49 | 170.84 | 14.67 | 14.17 | 14.93 | 14.69 | 14.28 | 12.86 | — | 8.96 | 9.05 | 8.83 | 8.30 | 5.92 |
September 30, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $15,021,160K ÷ $—K
= —
The inventory turnover ratio for Aecom Technology Corporation has fluctuated over the past few years. In the most recent quarter, ending March 31, 2024, the inventory turnover was 136.47, indicating that the company's inventory was sold and replaced approximately 136 times during that period. This represents an improvement from the previous quarter's ratio of 114.49.
Looking at historical data, the inventory turnover has shown variability, with some quarters seeing higher turnover rates compared to others. For instance, in December 2023, the ratio was notably higher at 170.84, suggesting a more efficient management of inventory during that time.
On the other hand, there were periods, such as in September 2022 and June 2022, where the inventory turnover was relatively low at around 14 times, indicating a longer time taken to sell and replace inventory. This may signal potential issues with inventory management or demand forecasting during those quarters.
Overall, monitoring the inventory turnover ratio can provide insights into a company's operational efficiency and effectiveness in managing its inventory levels. A higher turnover ratio generally indicates efficient inventory management, while lower ratios may point to excess or slow-moving inventory that could tie up working capital.
Peer comparison
Sep 30, 2024
Sep 30, 2024