Tyler Technologies Inc (TYL)

Inventory turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	1,660,405	1,635,945	1,624,151	1,603,203	1,583,309	1,546,883	1,540,240	1,496,238	1,364,022	1,188,261	1,031,813	903,286	888,812	880,225	885,386	901,334	880,073	835,310	802,525	767,255
Inventory	US$ in thousands	—	60,350	0	—	—	59,096	61,938	63,586	55,513	47,546	-3,959	-4,574	-2,479	29,743	33,343	-3,220	-2,328	24,544	-2,939	-3,060
Inventory turnover		—	27.11	—	—	—	26.18	24.87	23.53	24.57	24.99	—	—	—	29.59	26.55	—	—	34.03	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,660,405K ÷ $—K
= —

As the inventory turnover data for Tyler Technologies, Inc. is not available in the provided table, we are unable to analyze this specific ratio for the company across the mentioned quarters. Inventory turnover is a crucial financial metric that reflects the efficiency of a company in managing its inventory levels and generating sales from its inventory.

To conduct a thorough analysis of Tyler Technologies, Inc.'s inventory turnover, it would be necessary to have the relevant figures, such as the cost of goods sold and average inventory levels, for each quarter. By calculating the inventory turnover ratio for the company, stakeholders can assess how quickly Tyler Technologies is selling its inventory and how effectively it is managing its stock.

Without the specific inventory turnover values, it is challenging to provide insights into the company's inventory management performance over the mentioned quarters. However, it is recommended for stakeholders and investors to track this ratio over time to evaluate the company's operational efficiency and potential working capital requirements.