Box Inc (BOX)

Days of inventory on hand (DOH)

Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021
Inventory turnover 5.26 4.28
DOH days 69.43 85.19

January 31, 2025 calculation

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

Days of Inventory on Hand (DOH) measures how many days, on average, a company holds its inventory before selling it. Looking at the data provided for Box Inc, we observe the following trend:

1. On January 31, 2021, Box Inc had 85.19 days of inventory on hand. This indicates that the company held its inventory for about 85 days before making sales.

2. For January 31, 2022, the DOH data is not available ("— days"), suggesting that the specific inventory holding period for that year is not provided.

3. On January 31, 2023, the DOH for Box Inc decreased to 69.43 days. This reduction implies that the company managed to lower its inventory holding period from the previous year.

4. The DOH data for January 31, 2024, and January 31, 2025, is not available ("— days"), thus preventing us from evaluating the trend for those years.

Overall, based on the available data, Box Inc appears to have made progress in managing its inventory holding period as seen in the decrease from 85.19 days in 2021 to 69.43 days in 2023. This reduction could potentially indicate improved inventory management efficiency within the company.