Akamai Technologies Inc (AKAM)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | |
| DOH | days | — | — | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Unfortunately, without the specific values for days of inventory on hand (DOH) in the table provided, a detailed analysis cannot be performed at this time. However, the DOH ratio is a crucial metric used to assess how efficiently a company manages its inventory. A lower DOH indicates that a company sells its inventory quickly, minimizing carrying costs and potentially reducing risks of obsolescence. Conversely, a higher DOH may suggest slow-moving inventory, tying up capital and potentially leading to write-downs.
To provide a comprehensive analysis, we would require the actual values of DOH for Akamai Technologies Inc over the years listed. Should you be able to provide this data, feel free to share it for further examination and insight into the company's inventory management efficiency.
Peer comparison
Dec 31, 2023