Kyndryl Holdings Inc (KD)
Inventory turnover
Mar 31, 2025 | Dec 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cost of revenue (ttm) | US$ in thousands | 8,939,000 | 12,073,000 | 12,276,000 | 12,674,000 | 13,189,000 | 13,667,000 | 14,079,000 | 14,270,000 | 14,498,000 | 14,710,000 | 15,125,000 | 15,694,000 | 16,242,000 | 16,736,000 | 16,992,000 | 17,142,000 | 17,135,000 | 17,089,500 |
Inventory | US$ in thousands | — | — | — | 1,034,000 | 1,082,000 | 926,000 | — | 1,089,000 | -2,034,000 | 941,000 | 1,497,000 | — | 1,688,000 | 1,274,000 | — | — | — | 1,376,000 |
Inventory turnover | — | — | — | 12.26 | 12.19 | 14.76 | — | 13.10 | — | 15.63 | 10.10 | — | 9.62 | 13.14 | — | — | — | 12.42 |
March 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $8,939,000K ÷ $—K
= —
Kyndryl Holdings Inc's inventory turnover ratio provides insight into the efficiency with which the company manages its inventory. The inventory turnover ratio is calculated by dividing the cost of goods sold by the average inventory.
Based on the provided data, the trend of Kyndryl's inventory turnover over the past few years shows fluctuations and periods where the data is not available. The inventory turnover ratio improved from 12.42 on December 31, 2020, to 15.63 on December 31, 2022, indicating that the company was able to sell its inventory more frequently relative to the cost of goods sold during this period.
However, the ratio decreased to 12.19 on March 31, 2024, and further dropped to 12.26 on June 30, 2024. This decline suggests that Kyndryl was less efficient in managing its inventory during these quarters compared to the previous period.
It's important to note that there are several periods with missing data, which makes it challenging to assess the consistency of Kyndryl's inventory turnover performance throughout the entire timeframe provided.
In conclusion, Kyndryl's inventory turnover ratio has shown mixed results over the past few years, with periods of improvement followed by declines. Further analysis and additional data for the missing periods would be necessary to draw more conclusive insights into the company's inventory management efficiency.
Peer comparison
Mar 31, 2025
Mar 31, 2025