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Splunk (Splunk) Inventory Turnover : 0.00 (As of Jan. 2024)


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What is Splunk Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Splunk's Cost of Goods Sold for the three months ended in Jan. 2024 was $224 Mil. Splunk's Average Total Inventories for the quarter that ended in Jan. 2024 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Splunk's Days Inventory for the three months ended in Jan. 2024 was 0.00.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Splunk's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.00.


Splunk Inventory Turnover Historical Data

The historical data trend for Splunk's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Splunk Inventory Turnover Chart

Splunk Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Inventory Turnover
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Splunk Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Splunk Inventory Turnover Calculation

Splunk's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Inventory Turnover (A: Jan. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2024 ) / ((Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count )
=852.663 / ((0 + 0) / 1 )
=852.663 / 0
=N/A

Splunk's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover (Q: Jan. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2024 ) / ((Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count )
=223.552 / ((0 + 0) / 1 )
=223.552 / 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Splunk  (NAS:SPLK) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Splunk's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=0/223.552*365 / 4
=0.00

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Splunk's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=0 / 1486.147
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Splunk Inventory Turnover Related Terms

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Splunk (Splunk) Business Description

Traded in Other Exchanges
Address
270 Brannan Street, San Francisco, CA, USA, 94107
Splunk is a cloud-first software company that focuses on analyzing machine data. The company is a major player in two markets: security, and full-stack monitoring and analysis. The San Francisco-based firm focuses on enterprise clients, with more than 90% of the Fortune 100 using its solutions. The firm's top line consists of the sale of software licenses, cloud subscriptions, and maintenance and support.
Executives
Scott Morgan officer: General Counsel and Secretary C/O SPLUNK INC.,270 BRANNAN STREET, SAN JOSE CA 94107
Christian Smith officer: SVP, Chief Revenue Officer C/O SPLUNK INC., 270 BRANNAN ST CA 94107
Gary Steele director, officer: President and CEO C/O PROOFPOINT, INC., 892 ROSS DRIVE, SUNNYVALE CA 94089
Elisa Steele director 1601 CLOVERFIELD BLVD, STE 620 SOUTH, SANTA MONICA CA 90404
Yamini Rangan director 333 BRANNAN STREET, SAN FRANCISCO CA 94107
Brian Kayman officer: Chief Accounting Officer 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Tom Casey officer: SVP, GM Platform C/O SPLUNK INC., 270 BRANNAN ST CA 94107
Brian Keith Roberts officer: SVP & Chief Financial Officer C/O LYFT, INC., 185 BERRY STREET, SUITE 5000, SAN FRANCISCO CA 94107
Richard P Wallace director KLA TENCOR, 160 RIO ROBLES, SAN JOSE CA 95134
David R Tunnell director C/O HELLMAN & FRIEDMAN, 415 MISSION STREET SUITE 5700, SAN FRANCISCO CA 94105
Jason Child officer: SVP & Chief Financial Officer C/O SPLUNK INC., 270 BRANNAN ST., SAN FRANCISCO CA 94107
Shawn Bice officer: President of PROD & TECH C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Timothy Emanuelson officer: Chief Accounting Officer C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Luis Felipe Visoso director C/O UNITY SOFTWARE INC., 30 3RD STREET, SAN FRANCISCO CA 94103
Graham Smith director 301 BRANNMAN ST, SAN FRANCISCO CA 94107