Agilysys Inc (AGYS)
Days of inventory on hand (DOH)
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | 20.32 | 7.90 | 8.80 | 40.61 | |
DOH | days | — | 17.96 | 46.18 | 41.46 | 8.99 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Agilysys Inc has exhibited fluctuations over the years.
- As of March 31, 2021, the DOH was 8.99 days, indicating that the company held inventory for approximately 9 days before selling it.
- By March 31, 2022, the DOH increased significantly to 41.46 days, suggesting that the company might have been experiencing slower inventory turnover or building up excess inventory.
- The trend continued in the following year, March 31, 2023, with a further increase in DOH to 46.18 days, signifying a potential inefficiency in managing inventory levels.
- However, by March 31, 2024, the DOH decreased to 17.96 days, indicating a more optimal level of inventory management compared to the previous years.
- Notably, the data for March 31, 2025 was not available (denoted by "— days"), making it challenging to assess the recent status of inventory holding period efficiency.
In summary, the DOH metric for Agilysys Inc has shown variability over the years, indicating potential shifts in inventory management practices and efficiency. Further analysis and context are needed to understand the factors driving these changes and their impact on the company's operations and financial performance.
Peer comparison
Mar 31, 2025