Pegasystems Inc (PEGA)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 390,665 | 378,483 | 368,635 | 336,363 | 310,913 |
| Inventory | US$ in thousands | — | — | 0 | 0 | -88,760 |
| Inventory turnover | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $390,665K ÷ $—K
= —
The inventory turnover ratio for Pegasystems Inc., based on the provided data, is notably absent for the fiscal years ending December 31, 2020, through December 31, 2024. The consistent notation of "—" across all available dates indicates that the company did not report any inventory or that inventory levels were negligible or non-applicable during these periods. As a result, there is no quantifiable or comparable data to analyze inventory management efficiency or to assess how effectively the company converts inventory into sales over these years. This omission suggests that inventory is not a significant component of Pegasystems Inc.'s operations, which is consistent with the nature of its business model focused on software solutions and digital process automation, typically characterized by minimal physical inventory holdings.
Peer comparison
Dec 31, 2024