Adobe Systems Incorporated (ADBE)

Inventory turnover

		Nov 29, 2024	Aug 30, 2024	May 31, 2024	Mar 1, 2024	Dec 1, 2023	Sep 1, 2023	Jun 2, 2023	Mar 3, 2023	Dec 2, 2022	Sep 2, 2022	Jun 3, 2022	Mar 4, 2022	Dec 3, 2021	Sep 3, 2021	Jun 4, 2021	Mar 5, 2021	Nov 27, 2020	Aug 28, 2020	May 29, 2020	Feb 28, 2020
Cost of revenue (ttm)	US$ in thousands	2,358,000	2,376,000	2,402,000	2,376,000	2,354,000	2,288,000	2,254,000	2,221,000	2,165,000	2,104,000	2,025,000	1,930,000	1,865,000	1,786,000	1,746,000	1,717,000	1,722,000	1,746,000	1,735,000	1,727,000
Inventory	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

November 29, 2024 calculation

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

The inventory turnover ratio for Adobe Systems Incorporated is not available for the specified periods from February 28, 2020, to November 29, 2024, as indicated in the provided data. This means that there is insufficient information to calculate the inventory turnover, which is an important metric used to assess how efficiently a company manages its inventory.

Inventory turnover is a key ratio that measures the number of times a company sells and replaces its inventory within a given period. A high inventory turnover ratio generally indicates that a company is effectively managing its inventory levels by swiftly selling products and restocking them. On the other hand, a low inventory turnover ratio may imply poor sales, overstocking, or obsolete inventory issues.

Without the specific inventory turnover numbers, it is challenging to assess Adobe Systems' inventory management performance accurately. It is recommended to track and analyze this metric in future financial reports to gain insights into the company's operational efficiency and inventory management practices.