Electronic Arts Inc (EA)
Inventory turnover
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,710,000 | 1,792,000 | 1,859,000 | 1,494,000 | 1,369,000 |
| Inventory | US$ in thousands | — | — | — | — | — |
| Inventory turnover | — | — | — | — | — |
March 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,710,000K ÷ $—K
= —
To calculate the inventory turnover ratio for Electronic Arts Inc, we need to use the formula:
Inventory Turnover = Cost of Goods Sold / Average Inventory
However, since the specific values for Cost of Goods Sold and Inventory are not provided in the table, we are unable to compute the exact inventory turnover ratio. To analyze this ratio accurately, we would require the respective financial figures from Electronic Arts Inc's income statement and balance sheet.
Inventory turnover ratio measures how efficiently a company manages its inventory by indicating how many times during a period the inventory is sold and replaced. A high inventory turnover ratio signifies effective inventory management, while a low ratio may indicate overstocking or slow-moving inventory.
Without the specific data for Electronic Arts Inc, we are unable to conduct a detailed analysis of their inventory turnover performance over the years. It is crucial for investors and stakeholders to monitor this ratio to assess the company's operational efficiency and inventory management practices.
Peer comparison
Mar 31, 2024