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.