Maximus Inc (MMS)

Inventory turnover

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Cost of revenue	US$ in thousands	4,054,540	3,876,120	3,691,210	3,307,510	2,750,540
Inventory	US$ in thousands	—	—	—	-5,413	-2,075
Inventory turnover		—	—	—	—	—

September 30, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $4,054,540K ÷ $—K
= —

To calculate Maximus Inc's inventory turnover ratio, we need information on Cost of Goods Sold (COGS) and Average Inventory for each year. This ratio measures how efficiently the company is managing its inventory by indicating how many times a year the company sells and replaces its inventory. A higher turnover ratio typically indicates more efficient inventory management.

Please provide the Cost of Goods Sold and Average Inventory data for the respective years for a detailed analysis.