Manhattan Associates Inc (MANH)

Inventory turnover

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	592,030	570,242	550,298	528,112	502,507	493,800	465,249	442,046	431,682	345,604	336,526	321,989	321,203	323,936	334,273	350,028	342,564	337,403	320,541	303,789
Inventory	US$ in thousands	20,710	0	0	—	—	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Inventory turnover		28.59	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $592,030K ÷ $20,710K
= 28.59

I apologize for the lack of specific data on Manhattan Associates, Inc.'s inventory turnover in the table provided. Without the values for inventory turnover in each period, we are unable to calculate or analyze this particular ratio. In order to conduct a detailed analysis of Manhattan Associates, Inc.'s inventory turnover, we would need the relevant figures from the company's financial statements or reports. This ratio is crucial as it indicates how effectively the company is managing its inventory levels and converting them into sales.