Intuit Inc (INTU)
Inventory turnover
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 3,624,000 | 3,465,000 | 3,143,000 | 2,406,000 | 1,683,000 |
| Inventory | US$ in thousands | — | -857,000 | 420,000 | — | -1,431,000 |
| Inventory turnover | — | — | 7.48 | — | — |
July 31, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $3,624,000K ÷ $—K
= —
The inventory turnover ratio for Intuit Inc. remains unavailable for the fiscal years ending July 31, 2021, July 31, 2022, July 31, 2024, and July 31, 2025, as indicated by the dashes. However, for the fiscal year ending July 31, 2023, the company reported an inventory turnover ratio of 7.48.
This figure suggests that during fiscal year 2023, Intuit Inc. replenished its inventory approximately 7.48 times over the course of the year. A turnover rate of this level generally indicates an efficient management of inventory, particularly for a software and financial services company where inventory is typically minimal or non-traditional. The absence of data in other periods limits the ability to analyze historical trends or assess changes in inventory efficiency over time. Nonetheless, the reported ratio for 2023 provides a benchmark for comparison within the industry and for internal performance evaluation.
Peer comparison
Jul 31, 2025