CEVA Inc (CEVA)
Days of inventory on hand (DOH)
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | 17.15 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | 21.28 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Days of Inventory on Hand (DOH) is a critical financial ratio that measures the average number of days a company holds its inventory before selling it. From the provided data for Ceva Inc., the DOH figures for the latest quarters are not available, which limits our ability to conduct a detailed analysis of the trend and performance of the company in managing its inventory turnover.
To properly assess the efficiency of Ceva Inc. in managing its inventory levels, it is essential to have data for a consistent period to identify any patterns or changes over time. Without this data, it is challenging to draw meaningful conclusions regarding the company's inventory management practices and their impact on its operations and financial health.
In such a scenario, it would be important for Ceva Inc. to provide additional information or historical data on its DOH figures to enable a more in-depth analysis of its inventory management efficiency and effectiveness. Monitoring and analyzing this ratio over time can help the company identify potential issues, streamline its inventory processes, optimize its working capital management, and enhance overall operational performance.
Peer comparison
Dec 31, 2023