Agilysys Inc (AGYS)

Days of inventory on hand (DOH)

		Mar 31, 2025	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
Inventory turnover		—	15.64	14.97	17.92	20.56	13.29	11.54	9.61	7.90	7.29	7.35	9.14	8.80	16.92	28.09	42.49	40.61	41.56	29.16	26.34
DOH	days	—	23.34	24.38	20.37	17.75	27.47	31.63	37.98	46.18	50.10	49.66	39.92	41.46	21.57	13.00	8.59	8.99	8.78	12.52	13.86

March 31, 2025 calculation

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

Agilysys Inc's days of inventory on hand (DOH) have shown fluctuating trends over the past few years. The data indicates that the company managed its inventory efficiently in the latter part of 2020 and into early 2021, with DOH ranging from 8.59 to 13.00 days. However, a significant increase in DOH is observed starting from March 31, 2022, reaching a peak of 50.10 days by December 31, 2022.

This substantial increase in DOH from 2022 to early 2023 suggests that Agilysys may have experienced challenges in managing its inventory levels effectively, potentially leading to excess inventory or slower inventory turnover. The subsequent decrease in DOH in the latter part of 2023 and into 2024 indicates some improvement in inventory management.

Overall, it is essential for Agilysys to closely monitor and optimize its inventory levels to strike a balance between carrying costs and stockout risks. High DOH can tie up capital and lead to potential obsolescence, while low DOH may result in stockouts and missed sales opportunities. Regular evaluation and adjustments to inventory policies and practices may help Agilysys enhance its operational efficiency and financial performance.