Oracle Corporation (ORCL)

Inventory turnover

May 31, 2025 Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020
Cost of revenue (ttm) US$ in thousands 16,926,000 16,852,000 16,526,000 16,181,000 15,885,000 14,949,000 14,519,000 14,137,000 13,564,000 12,230,000 11,009,000 9,810,000 8,876,000 8,602,000 8,299,000 8,079,000 7,856,000 7,703,000 7,752,000 7,861,000
Inventory US$ in thousands 334,000 298,000 314,000 142,000 -10,000 -17,000 -24,000
Inventory turnover 47.56 45.52 28.27 55.32

May 31, 2025 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $16,926,000K ÷ $—K
= —

The inventory turnover ratios for Oracle Corporation over the observed periods demonstrate notable fluctuations with periods of reporting gaps. In the fiscal year ending May 31, 2021, the inventory turnover was 55.32, indicating a highly efficient management of inventory and rapid sales relative to inventory levels. This high ratio suggests that Oracle was able to convert its inventory into sales approximately 55 times in that fiscal year, reflecting strong sales activity and possibly effective inventory management.

Subsequently, a decline is observed, with the ratio decreasing to 28.27 for the fiscal year ending May 31, 2022, implying a slowdown in inventory turnover or an accumulation of inventory relative to sales. Nonetheless, the ratio experiences an upward rebound to 45.52 for the year ending May 31, 2023, indicating an improved rate of inventory conversion. The latest reported figure, for the fiscal year ending May 31, 2024, stands at 47.56, suggesting sustained efficiency in inventory utilization, approaching the turnover levels of the previous year.

The periods with unavailable data preclude a continuous trend analysis, but overall, the inventory turnover ratios exhibit variability that could be associated with shifts in operational strategies, product mix, or market demand. The general trend from the latest data points indicates a relatively high and stable inventory turnover rate, reflecting well-managed inventory processes aligned with the company's sales performance.


See also:

Oracle Corporation Inventory Turnover (Quarterly Data)