ACI Worldwide Inc (ACIW)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		—	24.85	25.87	25.63	25.16
DOH	days	—	14.69	14.11	14.24	14.51

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The information provided for days of inventory on hand (DOH) for ACI Worldwide Inc for the last five years is currently unavailable. Without the specific numerical values for each year, it is challenging to conduct a detailed analysis of the trend in the company's inventory management efficiency over time.

Ratios related to inventory management, such as DOH, are crucial for assessing how efficiently a company is managing its inventory levels. A decreasing trend in DOH typically indicates an improvement in inventory turnover and more efficient management of inventory. Conversely, an increasing trend may indicate potential inefficiencies in managing inventory levels.

To provide a comprehensive analysis of ACI Worldwide Inc's DOH, it would be necessary to have the specific numerical values for each year and compare them over time to identify any trends or outliers. This would enable a deeper insight into the company's inventory management practices and efficiency.