Fair Isaac Corporation (FICO)

Inventory turnover

		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	Dec 31, 2019
Cost of revenue (ttm)	US$ in thousands	348,206	341,464	325,085	317,945	311,053	310,707	317,552	309,540	302,174	292,049	295,598	312,137	332,462	353,777	360,106	359,912	361,142	355,462	354,108	351,537
Inventory	US$ in thousands	—	0	0	—	0	0	—	—	0	0	—	0	0	—	48,843	—	0	—	0	—
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	7.37	—	—	—	—	—

September 30, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $348,206K ÷ $—K
= —

Fair Isaac Corporation's inventory turnover ratio for the quarter ended March 31, 2021 was 7.37 times. Unfortunately, there is no available data for other quarters to perform trend analysis or make year-over-year comparisons. A higher inventory turnover ratio indicates that Fair Isaac Corporation is efficient in managing its inventory by quickly selling and replenishing stock. This may lead to lower carrying costs and potential waste. Additional data from consecutive quarters would be necessary to evaluate the consistency and sustainability of their inventory management efficiency.