Sprinklr Inc (CXM)

Inventory turnover

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 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
Cost of revenue (ttm) US$ in thousands 222,128 210,911 199,538 188,689 179,451 171,177 165,249 163,941 163,725 164,205 162,385 157,564 147,551 140,849 132,372 122,328 122,082 120,441
Inventory US$ in thousands — — -2,922 — 0 21,889 — 0 — 26,055 — 49,195 0 42,064 — 59,562 62,157 62,157
Inventory turnover — — — — — 7.82 — — — 6.30 — 3.20 — 3.35 — 2.05 1.96 1.94

January 31, 2025 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $222,128K ÷ $—K
= —

The inventory turnover ratio for Sprinklr Inc has shown a gradual increase over the years, indicating improved efficiency in managing its inventory. The ratio was 1.94 as of October 31, 2020, and steadily increased to 3.35 by October 31, 2021. This suggests that the company is selling its inventory more frequently within a specific period.

A notable spike in the inventory turnover ratio was observed on October 31, 2022, reaching 6.30, followed by further growth to 7.82 by October 31, 2023. This significant increase indicates that Sprinklr Inc has been able to sell its inventory at a much faster rate, potentially due to effective inventory management practices, streamlined processes, or improved demand for its products.

The absence of data for certain periods suggests a lack of reported information or potentially different reporting intervals. Overall, the increasing trend in the inventory turnover ratio for Sprinklr Inc reflects positively on the company's ability to efficiently convert its inventory into sales, which is a key indicator of operational effectiveness and financial health.