DocuSign Inc (DOCU)

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	Jul 31, 2020	Apr 30, 2020
Cost of revenue (ttm)	US$ in thousands	2,208,353	2,211,457	2,203,881	2,212,161	2,210,144	2,194,498	2,207,425	2,199,052	2,144,068	2,114,577	2,003,835	1,910,797	1,816,034	1,666,896	1,586,166	1,492,231	1,380,198	1,273,565	1,157,123	1,064,591
Inventory	US$ in thousands	—	—	—	0	0	—	—	0	0	0	0	0	—	—	—	—	—	281	280	280
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	4,532.26	4,132.58	3,802.11

January 31, 2025 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,208,353K ÷ $—K
= —

DocuSign Inc's inventory turnover has shown a positive trend over the periods provided in the data. The inventory turnover ratio measures how efficiently a company manages its inventory by comparing the cost of goods sold to the average inventory for a specific period.

The inventory turnover ratio for DocuSign Inc increased from 3,802.11 on April 30, 2020, to 4,132.58 on July 31, 2020, indicating that the company was able to sell and replace its inventory more frequently during that period. Further, by October 31, 2020, the inventory turnover ratio increased to 4,532.26, showing continued improvement in inventory management efficiency.

However, the data shows that there is no inventory turnover information available for the periods from January 31, 2021, onwards. The lack of data for the subsequent periods makes it difficult to assess the current state of inventory turnover for DocuSign Inc.

In conclusion, the increasing trend in inventory turnover up to October 31, 2020, suggests that DocuSign Inc was effectively managing its inventory during those periods. However, the absence of data for the more recent periods limits the ability to provide a complete analysis of the company's inventory turnover efficiency.