Bill Com Holdings Inc (BILL)
Days of inventory on hand (DOH)
| 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 | — | — | — | — | 0.29 | 0.33 | 0.31 | 0.32 | 0.28 | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | — | 1,269.84 | 1,113.60 | 1,178.24 | 1,140.36 | 1,326.55 | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Bill Com Holdings Inc has shown varying trends over the reported periods. The data indicates that as of December 31, 2022, the company had 1,326.55 days of inventory on hand, which decreased to 1,140.36 days by March 31, 2023. Subsequently, there was a slight increase to 1,178.24 days by June 30, 2023, followed by a decrease to 1,113.60 days by September 30, 2023.
By December 31, 2023, the DOH increased significantly to 1,269.84 days. However, there is missing data for the subsequent periods, making it challenging to assess the continuity of this trend. It is essential for the company to manage its inventory effectively to optimize its cash flow, reduce carrying costs, and prevent obsolescence.
Overall, the trend in days of inventory on hand for Bill Com Holdings Inc shows fluctuation during the reported periods. Further analysis is required to understand the factors driving these changes and to evaluate the company's inventory management efficiency.
Peer comparison
Dec 31, 2024