Parsons Corp (PSN)

Inventory turnover

		Dec 31, 2024	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
Cost of revenue (ttm)	US$ in thousands	6,398,400	6,140,790	5,795,900	5,538,060	5,226,620	4,915,040	4,638,350	4,341,820	4,146,446	4,012,529	3,876,684	3,767,605	3,709,396	2,796,492	2,819,035	2,884,879	2,979,417	2,994,310	3,017,092	3,089,557
Inventory	US$ in thousands	—	—	—	—	—	0	—	0	0	—	890	—	1,275	—	—	—	3,606	—	—	—
Inventory turnover		—	—	—	—	—	—	—	—	—	—	4,355.82	—	2,909.33	—	—	—	826.24	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $6,398,400K ÷ $—K
= —

Based on the provided data, Parsons Corp's inventory turnover has shown significant fluctuations over the years. The inventory turnover ratio is a key indicator of how efficiently a company manages its inventory. A higher inventory turnover ratio generally indicates that a company is selling its products quickly and efficiently.

In December 2021, the inventory turnover ratio for Parsons Corp was 2,909.33, significantly higher than in the previous periods. This implies that the company sold its inventory almost 2,909 times during that year, indicating a very efficient use of its inventory.

In June 2022, the inventory turnover ratio further increased to 4,355.82, signifying an even higher level of efficiency in managing and selling inventory. This suggests that Parsons Corp was able to convert its inventory into sales at a rapid pace during that period.

However, there are several gaps in the provided data where the inventory turnover ratio is not available. Without this information, it is difficult to assess the trend of inventory turnover over the entire period. It is important for Parsons Corp to consistently monitor and manage its inventory turnover to ensure optimal efficiency in its operations.