FTI Consulting Inc (FCN)
Inventory turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 2,518,822 | 2,507,767 | 2,478,492 | 2,427,757 | 2,354,216 | 2,266,546 | 2,194,396 | 2,126,382 | 2,065,977 | 2,023,964 | 1,969,545 | 1,940,187 | 1,915,507 | 1,871,655 | 1,816,599 | 1,738,888 | 1,672,711 | 1,651,109 | 1,614,822 | 1,588,077 |
| Inventory | US$ in thousands | — | — | 0 | — | 51,141 | — | — | 0 | — | 0 | — | — | 60,003 | — | — | — | 58,520 | — | — | — |
| Inventory turnover | — | — | — | — | 46.03 | — | — | — | — | — | — | — | 31.92 | — | — | — | 28.58 | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,518,822K ÷ $—K
= —
Inventory turnover is a critical financial ratio that measures the efficiency of a company in managing its inventory. It indicates how many times a company's inventory is sold and replaced over a specific period. A higher inventory turnover ratio is generally more favorable as it suggests that the company is selling its inventory quickly.
Analyzing the inventory turnover of FTI Consulting Inc from December 31, 2020, to December 31, 2024, we observe a fluctuating trend. The inventory turnover ratio was 28.58 in December 31, 2020, which increased to 31.92 by December 31, 2021. This indicates an improvement in the company's ability to sell its inventory efficiently.
Subsequently, the inventory turnover ratio further increased to 46.03 by December 31, 2023, which suggests even greater efficiency in managing inventory during this period. However, the data is not provided for most quarters in between, making it challenging to analyze the consistency of the performance.
Overall, the trend in inventory turnover for FTI Consulting Inc shows an initial increase followed by a significant improvement, indicating effective inventory management practices. Further data for the interim periods would provide a more comprehensive understanding of the company's inventory turnover efficiency.
Peer comparison
Dec 31, 2024
Dec 31, 2024