Jacobs Solutions Inc. (J)
Inventory turnover
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 11,041,100 | 15,567,300 | 14,284,200 | 13,551,500 | 13,284,500 |
| Inventory | US$ in thousands | — | — | 0 | — | — |
| Inventory turnover | — | — | — | — | — |
September 30, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $11,041,100K ÷ $—K
= —
To calculate the inventory turnover ratio for Jacobs Solutions Inc., we need the following formula:
Inventory Turnover = Cost of Goods Sold / Average Inventory
However, since the specific values for cost of goods sold and inventory are not provided in the given table, we are unable to calculate the exact inventory turnover ratio for each year.
Inventory turnover ratio is a critical metric used to assess how efficiently a company manages its inventory. A higher turnover ratio indicates that the company is selling its products more quickly and efficiently, which is generally preferred as it reduces the risk of inventory obsolescence and carrying costs.
In order to provide a comprehensive analysis of Jacobs Solutions Inc.'s inventory turnover, we would need access to the cost of goods sold and inventory figures for each year. These figures are essential for calculating the inventory turnover ratio accurately and assessing the company's inventory management efficiency over time.
Peer comparison
Sep 30, 2024