DXC Technology Co (DXC)

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	13,217,000	14,911,000	15,154,000	15,327,000	15,616,000	13,738,000	14,172,000	14,699,000	15,122,000	17,221,000	17,749,000	18,678,000	19,384,000	22,490,000	22,984,000	25,598,000	25,602,000	18,387,000	14,550,000	8,281,000
Inventory	US$ in thousands	—	555,000	559,000	652,000	570,000	1,230,000	662,000	676,000	652,000	600,000	534,000	659,000	727,000	586,000	729,000	667,000	646,000	660,000	671,000	728,000
Inventory turnover		—	26.87	27.11	23.51	27.40	11.17	21.41	21.74	23.19	28.70	33.24	28.34	26.66	38.38	31.53	38.38	39.63	27.86	21.68	11.38

March 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $13,217,000K ÷ $—K
= —

Inventory turnover measures how efficiently a company is managing its inventory by indicating the number of times inventory is sold and replaced over a specific period. A higher inventory turnover ratio generally indicates more efficient inventory management.

Analyzing DXC Technology Co's inventory turnover over the past few quarters shows fluctuations in the ratio. The inventory turnover ratio ranged from a low of 11.17 in December 2022 to a high of 38.38 in September 2020 and March 2021.

From December 2022 to March 2023, there was a significant increase in inventory turnover, indicating that the company was managing its inventory more efficiently during that period. However, the ratio decreased in the subsequent quarters.

The latest reported inventory turnover ratio for December 2023 shows a value of 26.87, suggesting that the company took approximately 26.87 times to sell and replace its inventory during that quarter.

Overall, DXC Technology Co's inventory turnover has been fluctuating, indicating variability in how efficiently the company is managing its inventory. Further analysis and comparison with industry benchmarks may provide additional insights into the company's inventory management performance.