FTI Consulting Inc (FCN)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,516,730 | 2,354,220 | 2,065,980 | 1,915,510 | 1,672,710 |
| Inventory | US$ in thousands | — | 51,141 | — | 60,003 | 58,520 |
| Inventory turnover | — | 46.03 | — | 31.92 | 28.58 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $2,516,730K ÷ $—K
= —
FTI Consulting Inc's inventory turnover ratio has shown an improving trend over the years, indicating better efficiency in managing its inventory. The ratio increased from 28.58 in December 31, 2020, to 31.92 in December 31, 2021. However, there is a missing data point for December 31, 2022. Subsequently, the ratio significantly jumped to 46.03 in December 31, 2023. This suggests that the company is selling its inventory more frequently, which can help prevent obsolete inventory buildup and potentially improve cash flow. The missing data for December 31, 2024, limits a comprehensive evaluation of the trend continuity. In conclusion, the increasing inventory turnover ratio reflects positively on FTI Consulting Inc's ability to efficiently manage and sell its inventory.
Peer comparison
Dec 31, 2024