Cognizant Technology Solutions Corp Class A (CTSH)

Inventory turnover

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	16,664,000	16,783,000	16,631,000	16,468,000	16,460,000	16,352,000	16,308,000	16,051,000	15,681,000	15,355,000	14,980,000	14,624,000	14,538,000	14,477,000	14,289,000	14,153,000	11,380,000	8,498,000	5,780,000	3,188,000
Inventory	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $16,664,000K ÷ $—K
= —

As the inventory turnover figures for Cognizant Technology Solutions Corp. are not provided in the table, a detailed analysis of this ratio cannot be performed at this time. Inventory turnover is a crucial measure of how efficiently a company is managing its inventory levels. Typically, a higher inventory turnover ratio indicates that the company is selling its inventory quickly, which can be a positive sign. Conversely, a lower ratio may suggest overstocking or slow-moving inventory, which can tie up capital and potentially lead to obsolescence.

To conduct a comprehensive analysis, it would be necessary to have the specific inventory turnover figures for each quarter indicated in the table. By comparing these figures over time and against industry benchmarks, one could gain insights into Cognizant's inventory management practices, operational efficiency, and financial performance. Investors and analysts often use inventory turnover in conjunction with other financial metrics to assess the overall health and performance of a company.