Maximus Inc (MMS)

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	4,054,555	4,009,434	3,951,132	3,898,611	3,876,121	3,811,110	3,802,361	3,772,987	3,691,208	3,674,885	3,710,985	3,490,732	3,307,510	3,146,770	2,910,840	2,847,255	2,750,535	2,610,266	2,450,995	2,353,056
Inventory	US$ in thousands	—	0	—	0	—	0	—	—	—	-21,864	-17,737	-3,233	0	—	0	—	—	0	0	—
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

September 30, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $4,054,555K ÷ $—K
= —

The inventory turnover ratio for Maximus Inc is not provided in the table. Inventory turnover is a key financial ratio that measures how efficiently a company manages its inventory by indicating how many times in a given period the company sells and replaces its inventory. A higher inventory turnover ratio generally indicates that a company is efficiently managing its inventory levels and turning over its inventory quickly, which could indicate strong sales and operational efficiency. Conversely, a lower inventory turnover ratio may suggest overstocking or slow-moving inventory.

To analyze Maximus Inc's inventory turnover in a particular period, the ratio could be calculated by dividing the cost of goods sold by the average inventory for that period. This ratio is important for assessing the company's liquidity, as it provides insights into how quickly Maximus Inc is converting inventory into sales.

Without the specific inventory turnover data for Maximus Inc provided in the table, further analysis and comparison with industry benchmarks or historical trends would be necessary to evaluate the company's inventory management efficiency and financial performance accurately.