ACI Worldwide Inc (ACIW)

Days of inventory on hand (DOH)

		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
Inventory turnover		—	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	25.16	19.48	15.56	10.42
DOH	days	—	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	14.51	18.73	23.45	35.01

December 31, 2023 calculation

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

The information provided does not include specific data for the days of inventory on hand (DOH) ratio for ACI Worldwide Inc. Without the actual numerical values for the DOH ratio for the given quarters, it is not possible to analyze the trend and assess the efficiency of the company's inventory management.

In order to conduct a detailed and comprehensive analysis of the DOH ratio, it is essential to have the actual values for each quarter. The DOH ratio measures the number of days a company holds on to its inventory before selling it, indicating how efficiently a company manages its inventory levels. A lower DOH ratio typically reflects a more efficient inventory management system, while a higher DOH ratio may indicate that the company is struggling to sell its inventory quickly.

Therefore, without the specific data, a thorough evaluation of ACI Worldwide Inc's inventory turnover efficiency over the given quarters cannot be provided.