Jacobs Solutions Inc. (J)
Inventory turnover
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 15,567,300 | 14,284,200 | 13,551,500 | 13,284,500 | 10,260,800 |
| Inventory | US$ in thousands | — | 0 | — | — | 952 |
| Inventory turnover | — | — | — | — | 10,778.15 |
September 30, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $15,567,300K ÷ $—K
= —
Since data for inventory turnover is missing for the years 2023, 2022, 2021, and 2020, we can only analyze the inventory turnover for Jacobs Solutions Inc. for the year ending September 30, 2019. The inventory turnover ratio for that year was 10,778.15.
A high inventory turnover ratio indicates that Jacobs Solutions Inc. is efficiently managing its inventory by quickly selling and restocking its products. This can be a positive sign of effective inventory management and working capital utilization, leading to improved liquidity and profitability.
However, without the data for subsequent years, it is challenging to provide a trend analysis or make meaningful comparisons. To assess the company's performance over time and relative to industry benchmarks, data from multiple years would be necessary.
Peer comparison
Sep 30, 2023