Agilysys Inc (AGYS)

Inventory turnover

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cost of revenue	US$ in thousands	103,636	93,208	77,246	61,104	47,800
Inventory	US$ in thousands	—	4,587	9,774	6,940	1,177
Inventory turnover		—	20.32	7.90	8.80	40.61

March 31, 2025 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $103,636K ÷ $—K
= —

Agilysys Inc's inventory turnover ratio has experienced fluctuations over the past few years. In March 2021, the inventory turnover was 40.61, indicating that the company sold and replaced its inventory approximately 40.61 times during that period, suggesting efficient inventory management.

However, there was a significant decline in inventory turnover to 8.80 in March 2022 and further to 7.90 in March 2023, suggesting a slower rate of inventory turnover during these periods. This could imply potential issues such as overstocking, slow-moving inventory, or challenges in sales and operations.

The inventory turnover ratio improved in March 2024 to 20.32, indicating that the company was able to sell and replace its inventory more frequently compared to the previous years. This may suggest better inventory management practices or improved operational efficiency.

Unfortunately, the data for March 2025 is not available ("-"), making it difficult to assess the company's current inventory turnover performance. It is possible that there was an issue with data reporting or a significant event affecting the company's operations during that period.

Overall, while Agilysys Inc has shown fluctuations in its inventory turnover ratio, it is important for the company to closely monitor and manage its inventory effectively to support its operational efficiency and financial performance.