Autodesk Inc (ADSK)
Inventory turnover
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 511,000 | 480,000 | 418,000 | 337,000 | 324,900 |
| Inventory | US$ in thousands | — | — | — | 0 | — |
| Inventory turnover | — | — | — | — | — |
January 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $511,000K ÷ $—K
= —
To calculate Autodesk Inc's inventory turnover for the years provided, we would need two key pieces of information: the cost of goods sold (COGS) and the average inventory level. Since the necessary data is not available in the table, we cannot compute the inventory turnover for the specified years.
Inventory turnover is a vital metric that reflects how efficiently a company manages its inventory levels. A high inventory turnover ratio indicates that Autodesk is selling its products quickly and efficiently, which is generally seen as a positive sign. Conversely, a low inventory turnover ratio may suggest issues such as overstocking or slow-moving inventory, which can tie up capital and impact profitability.
Therefore, without the COGS and average inventory data, a detailed analysis of Autodesk Inc's inventory turnover for the specified years cannot be provided.
Peer comparison
Jan 31, 2024