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.
Peer comparison
May 31, 2025
May 31, 2025