CommVault Systems Inc (CVLT)

Inventory turnover

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Cost of revenue (ttm)	US$ in thousands	182,976	176,124	166,566	159,544	153,378	147,269	142,746	137,195	135,402	132,644	128,069	122,341	113,859	111,423	109,872	110,097	109,373	106,356	108,467	112,909
Inventory	US$ in thousands	—	—	—	—	0	38,680	38,680	38,680	38,680	—	0	0	—	—	—	—	0	0	—	—
Inventory turnover		—	—	—	—	—	3.81	3.69	3.55	3.50	—	—	—	—	—	—	—	—	—	—	—

March 31, 2025 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $182,976K ÷ $—K
= —

CommVault Systems Inc's inventory turnover ratio indicates how efficiently the company is managing its inventory by measuring the number of times it sells and replaces its inventory within a given period. The inventory turnover data shows a consistent trend from March 31, 2023, to December 31, 2023, with a gradual increase from 3.50 to 3.81.

This improvement in inventory turnover suggests that CommVault Systems Inc is managing its inventory more effectively and selling its products at a faster rate compared to the earlier periods. A higher inventory turnover ratio is generally considered positive, as it indicates that the company is selling its products quickly and not holding excess inventory.

However, it is important to note that the data for subsequent periods, from March 31, 2024, onwards, is not available. It would be beneficial to monitor future inventory turnover ratios to assess whether the improving trend continues, as a sustained increase could signify ongoing efficiency in inventory management.