Adtalem Global Education Inc (ATGE)

Days of inventory on hand (DOH)

Jun 30, 2025 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
Inventory turnover 210.56 330.71 467.88 358.12 289.28
DOH days 1.73 1.10 0.78 1.02 1.26

June 30, 2025 calculation

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

The analysis of Adtalem Global Education Inc.'s days of inventory on hand (DOH) over the observed periods indicates that from September 30, 2020, through September 30, 2021, the company did not report specific DOH data. Starting December 31, 2022, the DOH figures became available, reflecting a notable decline from 1.26 days at the end of 2022 to a low of 0.78 days on June 30, 2023. Subsequently, the DOH increased marginally to 1.10 days on September 30, 2023, and further to 1.73 days by December 31, 2023. Data beyond this point, covering March to June 2024 and into 2025, remains unavailable. The limited reporting of DOH figures suggests either a minimal inventory holding period relative to the company's core operations or potential reporting gaps during earlier periods. The observed decrease in DOH from late 2022 to mid-2023 indicates improved efficiency in managing inventory levels, while the subsequent slight increase at the end of 2023 may reflect operational adjustments or shifts in business dynamics.