Adobe Systems Incorporated (ADBE)

Days of inventory on hand (DOH)

Nov 29, 2024 Dec 1, 2023 Dec 2, 2022 Dec 3, 2021 Nov 27, 2020
Inventory turnover
DOH days

November 29, 2024 calculation

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

Based on the provided data for Adobe Systems Incorporated, it appears that the days of inventory on hand (DOH) ratio is not available for the years reported, as denoted by the "— days" indication across all the dates provided.

The days of inventory on hand ratio is a crucial metric that indicates the average number of days it takes for a company to sell its inventory. A lower DOH ratio typically suggests efficient inventory management and faster turnover, while a higher ratio may indicate slower inventory turnover and potential issues with obsolescence or overstocking.

It is important for companies to monitor their DOH ratio closely to ensure optimal inventory control and efficient use of resources. Without specific data points for Adobe Systems Incorporated, a detailed analysis of the trend or comparison with industry benchmarks cannot be provided based on the information available.


See also:

Adobe Systems Incorporated Average Inventory Processing Period