Dell Technologies Inc (DELL)
Inventory turnover
| Jan 31, 2025 | Feb 2, 2024 | Jan 31, 2024 | Feb 3, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 73,650,000 | 67,556,000 | 67,556,000 | 79,615,000 | 79,615,000 |
| Inventory | US$ in thousands | 6,716,000 | 3,622,000 | 3,622,000 | 4,776,000 | 4,776,000 |
| Inventory turnover | 10.97 | 18.65 | 18.65 | 16.67 | 16.67 |
January 31, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $73,650,000K ÷ $6,716,000K
= 10.97
Dell Technologies Inc's inventory turnover has shown fluctuation over the past few years. The ratio stood at 16.67 for both January 31, 2023, and February 3, 2023. It then increased to 18.65 for January 31, 2024, and remained at the same level for February 2, 2024. However, there was a notable decrease in the inventory turnover to 10.97 for January 31, 2025.
Overall, a higher inventory turnover indicates that Dell is selling its inventory more frequently within a given period, which can be seen in the improvements from 2023 to 2024. However, the decrease in inventory turnover in 2025 might suggest potential issues such as overstocking, declining sales, or inefficient inventory management. Dell should closely monitor its inventory turnover to ensure optimal inventory levels and efficient operations.
Peer comparison
Jan 31, 2025