Concentrix Corporation (CNXC)
Days of inventory on hand (DOH)
| Nov 30, 2024 | Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | Nov 30, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 20.51 | — | — | — | |
| DOH | days | — | 17.79 | — | — | — |
November 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Concentrix Corporation has seen fluctuations over the years based on the provided data. As of November 30, 2023, the company had a DOH of 17.79 days, indicating that it took approximately 17.79 days for Concentrix to sell its inventory on hand during that period.
It is important to note the missing data for the other years, suggesting that the DOH was not explicitly provided or potentially not applicable for those specific dates. Analyzing the trend of DOH over multiple years could provide insights into Concentrix Corporation's inventory management efficiency and potential changes in its operational strategy related to inventory levels.
Peer comparison
Nov 30, 2024