Adobe Systems Incorporated (ADBE)

Inventory turnover

		Nov 29, 2024	Dec 1, 2023	Dec 2, 2022	Dec 3, 2021	Nov 27, 2020
Cost of revenue	US$ in thousands	2,358,000	2,354,000	2,165,000	1,865,000	1,722,000
Inventory	US$ in thousands	—	—	—	—	—
Inventory turnover		—	—	—	—	—

November 29, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $2,358,000K ÷ $—K
= —

Based on the data provided, Adobe Systems Incorporated's inventory turnover ratio is not available for the years listed from November 27, 2020, to November 29, 2024. The absence of specific turnover figures may indicate that inventory turnover is not reported in a traditional sense or that the company holds minimal inventory relative to its sales volume. It is important to note that a higher inventory turnover ratio generally signifies more efficient inventory management, while a lower ratio may indicate excess inventory or slow sales. Further analysis and additional data are necessary to assess Adobe Systems' inventory turnover performance accurately.