Cogent Communications Group Inc (CCOI)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | 4.38 | 25.11 | — | |
| DOH | days | — | — | 83.40 | 14.54 | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Cogent Communications Group Inc has shown variability over the years based on the provided data.
As of December 31, 2020, the DOH was not available. However, by December 31, 2021, the company had reduced its DOH to 14.54 days, indicating efficient management of inventory levels.
In the following year, by December 31, 2022, the DOH increased significantly to 83.40 days, suggesting a potential buildup of inventory or slower sales turnover. This considerable rise may raise concerns about excess inventory holding costs and potential obsolescence risks.
The data for December 31, 2023, and December 31, 2024, is not available, so it is unclear how the DOH trend progressed in those years.
Overall, monitoring the DOH can provide insight into Cogent Communications Group Inc's inventory management efficiency and its ability to effectively balance inventory levels with sales demand.
Peer comparison
Dec 31, 2024