ANSYS Inc (ANSS)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 279,819 | 271,298 | 250,641 | 257,984 | 225,264 |
| Inventory | US$ in thousands | — | 0 | -51,159 | -52,435 | -44,740 |
| Inventory turnover | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $279,819K ÷ $—K
= —
From the provided data, it appears that ANSYS Inc has not disclosed its inventory turnover ratio for the years ending December 31, 2020, 2021, 2022, 2023, and 2024.
Inventory turnover is a critical financial ratio that measures how efficiently a company manages its inventory by indicating the number of times inventory is sold and replaced over a specific period. A higher inventory turnover ratio generally indicates efficient management of inventory, while a lower ratio may suggest excess inventory levels or slow-moving inventory.
Without specific values for ANSYS Inc's inventory turnover, it is challenging to assess the company's inventory management efficiency. It is recommended to monitor this ratio in the future as it provides valuable insights into how effectively the company is utilizing its inventory resources.
Peer comparison
Dec 31, 2024