Dell Technologies Inc (DELL)

Inventory turnover

		Jan 31, 2025	Oct 31, 2024	Aug 2, 2024	Jul 31, 2024	May 3, 2024	Apr 30, 2024	Feb 2, 2024	Jan 31, 2024	Nov 3, 2023	Oct 31, 2023	Aug 4, 2023	Jul 31, 2023	May 5, 2023	Apr 30, 2023	Feb 3, 2023	Jan 31, 2023	Oct 31, 2022	Oct 28, 2022	Jul 31, 2022	Jul 29, 2022
Cost of revenue (ttm)	US$ in thousands	76,579,000	75,927,000	74,306,000	71,593,000	68,880,000	68,545,000	68,210,000	68,755,000	69,300,000	68,101,000	66,902,000	68,638,000	70,374,000	73,484,000	76,594,000	78,297,000	80,000,000	81,318,000	82,636,000	85,655,000
Inventory	US$ in thousands	6,716,000	6,652,000	5,953,000	5,953,000	4,782,000	4,782,000	3,622,000	3,622,000	3,381,000	3,381,000	3,584,000	3,584,000	4,016,000	4,016,000	4,776,000	4,776,000	3,584,000	6,172,000	5,883,000	5,883,000
Inventory turnover		11.40	11.41	12.48	12.03	14.40	14.33	18.83	18.98	20.50	20.14	18.67	19.15	17.52	18.30	16.04	16.39	22.32	13.18	14.05	14.56

January 31, 2025 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $76,579,000K ÷ $6,716,000K
= 11.40

The inventory turnover ratio for Dell Technologies Inc has shown fluctuations over the periods provided. Starting at 14.56 in July 2022, the ratio decreased to 13.18 in October 2022 before experiencing a significant increase to 22.32 in October 31, 2022. Subsequently, the ratio has ranged between 16.04 and 20.50 from February 2023 to November 2023, indicating efficient management of inventory levels. However, a slight decrease was observed in January 2024 to 18.83. The ratio declined further to 12.48 in August 2024, reaching its lowest point in October 2024 at 11.41. This could suggest challenges in managing inventory levels efficiently during these periods. The ratio remained relatively stable around 11.40 in the most recent period up to January 2025. Overall, Dell's inventory turnover reflects varying levels of efficiency in managing its inventory during the analyzed periods.