Jacobs Solutions Inc. (J)

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	10,918,210	16,126,780	16,072,620	15,893,190	15,511,310	15,027,170	14,671,540	14,535,310	14,229,590	13,972,230	13,723,590	13,640,130	13,487,770	13,689,230	13,442,220	13,112,640	13,179,400	10,592,205	10,606,195	10,303,265
Inventory	US$ in thousands	—	-9,700	0	—	—	—	—	—	0	0	—	0	—	—	—	—	—	0	—	4,022
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2,561.73

September 30, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $10,918,210K ÷ $—K
= —

Based on the data provided, the inventory turnover for Jacobs Solutions Inc. for the period ending on September 30, 2020, was very high at 2,561.73. This indicates that the company's inventory was sold and replaced over 2,500 times during that period, reflecting efficient management of inventory. The lack of data for the subsequent periods limits the ability to assess the trend over time. However, such a high turnover ratio suggests strong sales and effective inventory management practices, which may result in lower holding costs and improved cash flow.

Peer comparison

Sep 30, 2024

Company name

Symbol

Inventory turnover

Jacobs Solutions Inc.

—

Fluor Corporation

FLR

—

Granite Construction Incorporated