Agilent Technologies Inc (A)
Days of inventory on hand (DOH)
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 4.88 | 4.87 | 5.30 | 5.25 | 5.32 | 5.17 | 4.57 | 4.49 | 4.80 | 4.84 | 5.18 | 5.51 | 5.75 | 5.75 | 5.69 | 5.83 | 6.02 | 5.72 | 5.68 | 5.84 | |
| DOH | days | 74.77 | 74.93 | 68.92 | 69.54 | 68.62 | 70.56 | 79.78 | 81.22 | 75.97 | 75.36 | 70.52 | 66.25 | 63.45 | 63.43 | 64.17 | 62.57 | 60.66 | 63.84 | 64.28 | 62.52 |
October 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.88
= 74.77
The Days of Inventory on Hand (DOH) for Agilent Technologies Inc has fluctuated over the past few years. The trend indicates that the company has been able to effectively manage its inventory levels within a certain range.
On average, Agilent's DOH has been around 70 to 80 days, with some fluctuations above and below this range. The highest DOH was observed in April 2023 at 79.78 days, while the lowest was in January 2020 at 60.66 days.
Overall, Agilent has maintained a consistent level of inventory on hand, which suggests that the company has a good grasp on its inventory management practices. It is important for Agilent to continue monitoring its inventory levels to ensure they are in line with demand and to avoid any excessive holding costs.
Peer comparison
Oct 31, 2024