Guidewire Software Inc (GWRE)

Inventory turnover

		Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020
Cost of revenue (ttm)	US$ in thousands	795,340	774,915	765,221	776,232	782,508	817,635	834,980	832,332	825,694	786,225	744,825	705,761	678,512	658,021	637,592	625,525	613,521	600,190	525,487	457,293
Inventory	US$ in thousands	—	17,807	0	—	—	11,112	14,541	—	—	0	0	45,946	—	—	—	—	—	—	—	—
Inventory turnover		—	43.52	—	—	—	73.58	57.42	—	—	—	—	15.36	—	—	—	—	—	—	—	—

October 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $795,340K ÷ $—K
= —

Guidewire Software Inc's inventory turnover ratio provides insight into how efficiently the company is managing its inventory. The inventory turnover ratio is calculated by dividing the cost of goods sold by the average inventory.

Looking at the data provided, we observe that there are several missing values for inventory turnover for various periods. However, in the available data, we can see fluctuations in the inventory turnover ratio over time:

- As of January 31, 2022, the inventory turnover ratio was 15.36, indicating that the company was able to sell and replace its inventory approximately 15 times during that period.
- The ratio notably increased to 57.42 as of April 30, 2023, and further improved to 73.58 by July 31, 2023, suggesting a significant improvement in managing inventory turnover efficiency during these periods.
- However, the ratio decreased to 43.52 as of July 31, 2024, showing a decrease in the number of inventory turnovers compared to the previous periods.

Overall, it is essential to monitor inventory turnover consistently as it reflects the company's ability to manage inventory levels effectively. Increasing inventory turnover ratios generally indicate efficient inventory management, while decreasing ratios may raise concerns about excess inventory or potential issues with sales and operations.