Science Applications International Corporation Common Stock (SAIC)

Inventory turnover

		Jan 31, 2025	Feb 2, 2024	Feb 3, 2023	Jan 28, 2022	Jan 29, 2021
Cost of revenue	US$ in thousands	6,587,000	6,572,000	6,816,000	6,535,000	6,264,000
Inventory	US$ in thousands	—	3,000	71,000	64,000	78,000
Inventory turnover		—	2,190.67	96.00	102.11	80.31

January 31, 2025 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $6,587,000K ÷ $—K
= —

Science Applications International Corporation Common Stock has shown a strong trend in inventory turnover over the past few years. The inventory turnover ratio, which measures how efficiently a company manages its inventory by indicating how many times inventory is sold and replaced over a period, has significantly fluctuated.

In particular:
- As of January 29, 2021, the inventory turnover stood at a high level of 80.31, indicating the company was selling and replacing its inventory over 80 times within that year.
- By January 28, 2022, the inventory turnover increased to 102.11, showing a further improvement in inventory management efficiency.
- The efficiency slightly decreased by February 3, 2023, with an inventory turnover of 96.00, which is still at a relatively high level.
- However, there was a significant spike in inventory turnover by February 2, 2024, jumping to an extraordinarily high ratio of 2,190.67, suggesting a drastic improvement in the company's inventory management practices.
- Unfortunately, there is no data available for January 31, 2025, making it difficult to assess the latest performance.

Overall, Science Applications International Corporation Common Stock has demonstrated a strong ability to turn its inventory into sales efficiently, with notable fluctuations in inventory turnover ratios over the period examined. This suggests the company has been actively managing its inventory levels to optimize operations and maximize profitability.