Concentrix Corporation (CNXC)

Days of inventory on hand (DOH)

Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020
Inventory turnover 20.51 40.33 791.21
DOH days 17.79 9.05 0.46

February 28, 2025 calculation

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

The days of inventory on hand (DOH) for Concentrix Corporation have shown fluctuations over the past few years. As of November 30, 2023, the company had an inventory on hand that would last approximately 17.79 days, indicating a reasonable efficiency in managing its inventory levels. It's important to note that there is missing data for the other periods, which may make it challenging to provide a complete trend analysis. Monitoring the DOH metric over time can provide insights into the company's inventory management practices and efficiency in turning over its inventory.