Adobe Systems Incorporated (ADBE)

Days of inventory on hand (DOH)

		Dec 1, 2023	Dec 2, 2022	Dec 3, 2021	Nov 27, 2020	Nov 29, 2019
Inventory turnover		—	—	—	—	—
DOH	days	—	—	—	—	—

December 1, 2023 calculation

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

I'm sorry, but I cannot provide a detailed and comprehensive analysis of Adobe Inc's days of inventory on hand (DOH) based on the table provided, as it does not contain the specific data needed to calculate the DOH ratio. In order to perform the analysis, I would require the specific inventory balances for each of the given dates, as well as the cost of goods sold (COGS) for the corresponding periods.

The days of inventory on hand (DOH) ratio is a measure of how long a company holds its inventory before it is sold. It is calculated by dividing the average inventory over a period by the cost of goods sold (COGS) per day. The formula for calculating DOH is:

DOH = (Average Inventory / Cost of Goods Sold) * Number of Days in the Period

Without the specific inventory and COGS data, it is not possible to calculate the DOH ratio or provide a detailed analysis based on the information provided.

If you could provide the inventory balances and COGS for the relevant dates, I'd be happy to assist you with the analysis.