CEVA Inc (CEVA)
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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | 10.44 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | — | — | 34.98 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for CEVA Inc has been provided for various quarters. It is important to note that DOH indicates the average number of days that a company holds its inventory before selling it.
From the available data, it seems that the DOH for CEVA Inc has been variable and not consistently reported for most of the quarters. However, as of September 30, 2023, the DOH is 34.98 days. This indicates that, on average, CEVA Inc held its inventory for approximately 35 days before selling it during that period.
A lower DOH typically indicates that the company is efficiently managing its inventory by quickly converting it into sales, which can be positive for cash flow and financial performance. Conversely, a higher DOH could indicate overstocking or slow-moving inventory, which may tie up capital and impact profitability.
It would be advisable for CEVA Inc to monitor its inventory levels closely and strive to strike a balance between ensuring product availability for customers and avoiding excess inventory. Regularly analyzing DOH can help the company optimize its inventory management practices and improve operational efficiency.
Peer comparison
Dec 31, 2024