ACI Worldwide Inc (ACIW)
Days of inventory on hand (DOH)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | — | — | — | 22.10 | — | 22.26 | 19.97 | 20.82 | 24.85 | 22.83 | 19.58 | 19.29 | 25.87 | 21.04 | 20.07 | 19.15 | 25.63 | 24.89 | 22.30 | 20.86 | |
DOH | days | — | — | — | 16.51 | — | 16.40 | 18.27 | 17.53 | 14.69 | 15.99 | 18.64 | 18.92 | 14.11 | 17.35 | 18.19 | 19.06 | 14.24 | 14.67 | 16.37 | 17.50 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for ACI Worldwide Inc has shown some fluctuations over the analyzed periods. From March 31, 2020, to December 31, 2023, the DOH ranged from 14.11 days to 19.06 days, indicating variability in how quickly the company is able to convert its inventory into sales.
The lowest DOH was recorded on December 31, 2021, at 14.11 days, suggesting that the company efficiently managed its inventory during that period. However, on March 31, 2021, the DOH spiked to 19.06 days, indicating a potential slow down in inventory turnover.
From December 31, 2023, to March 31, 2024, the DOH decreased from 17.53 days to 16.51 days, indicating an improvement in inventory turnover efficiency. However, data is unavailable for the periods after June 30, 2024.
Overall, monitoring the days of inventory on hand can provide insights into how effectively ACI Worldwide Inc is managing its inventory levels and how quickly it is converting inventory into sales.
Peer comparison
Dec 31, 2024