Dynatrace Holdings LLC (DT)

Inventory turnover

		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	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Cost of revenue (ttm)	US$ in thousands	1,014,479	970,636	930,998	895,725	863,183	824,867	793,518	753,827	707,907	659,960	611,613	562,914	517,369	491,528	474,626	594,013	616,638
Inventory	US$ in thousands	—	90,059	84,181	83,007	83,029	71,001	62,861	61,182	62,601	57,978	52,525	50,987	48,986	63,771	57,527	39,080	38,509	36,343	35,094	29,367
Inventory turnover		—	10.78	11.06	10.79	10.40	11.62	12.62	12.32	11.31	11.38	11.64	11.04	10.56	7.71	8.25	15.20	16.01

March 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,014,479K ÷ $—K
= —

The inventory turnover ratio measures the efficiency of a company in managing its inventory levels by showing how many times during a period the company sells and replaces its inventory. A higher inventory turnover generally indicates that a company is selling goods quickly and efficiently.

Based on the data provided for Dynatrace Holdings LLC, the inventory turnover ratio has fluctuated over the past few years. In recent quarters, the inventory turnover ratio has ranged from approximately 10.40 to 12.62, indicating that Dynatrace has been effectively managing its inventory levels.

The highest inventory turnover ratio was observed in the second quarter of 2020 at 16.01, while the lowest ratio was recorded in the fourth quarter of 2020 at 7.71. This variability in inventory turnover can be attributed to various factors such as seasonal demand, changes in business operations, or inventory management strategies.

Overall, the inventory turnover trend for Dynatrace Holdings LLC appears relatively stable and within a healthy range, suggesting that the company is efficiently managing its inventory to meet customer demand and optimize working capital.