Crowdstrike Holdings Inc (CRWD)

Inventory turnover

		Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019
Cost of revenue (ttm)	US$ in thousands	2,455,225	2,307,524	2,211,548	2,106,317	1,984,276	1,839,537	1,681,606	1,521,543	1,369,785	1,235,806	1,166,881	1,042,376	923,017	824,769	696,390	631,555	587,893	533,091
Inventory	US$ in thousands	—	0	209,216	197,111	186,901	186,855	162,260	148,125	135,681	126,822	108,636	95,470	85,388	80,850	62,422	53,837	53,410	42,971	35,924	34,017
Inventory turnover		—	—	10.57	10.69	10.62	9.84	10.36	10.27	10.10	9.74	10.74	10.92	10.81	10.20	11.16	11.73	11.01	12.41

April 30, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,455,225K ÷ $—K
= —

Crowdstrike Holdings Inc's inventory turnover has shown a relatively stable trend over the past two years, ranging between 9.74 and 12.41. The inventory turnover ratio indicates how efficiently the company manages its inventory levels. A higher ratio suggests that inventory is moving more quickly, while a lower ratio may indicate potential issues such as overstocking or slowing sales.

The company's inventory turnover in the most recent quarter was 10.69, which is slightly lower compared to the previous quarter. Despite these fluctuations, the ratios have generally remained within a narrow range, indicating consistent inventory management practices.

Overall, Crowdstrike Holdings Inc's inventory turnover ratios suggest that the company is effectively managing its inventory levels to support its sales operations. However, it is important for the company to monitor and adjust inventory levels as necessary to maintain optimal efficiency and profitability in the future.