Corsair Gaming Inc (CRSR)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.80 | 4.58 | 5.60 | 4.66 | 5.47 | |
| DOH | days | 95.97 | 79.72 | 65.22 | 78.32 | 66.69 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.80
= 95.97
To analyze Corsair Gaming Inc's days of inventory on hand (DOH) from 2020 to 2024, we observe an increasing trend in DOH figures over the years. The company's inventory holding period has risen from 66.69 days in 2020 to 95.97 days in 2024. This indicates that, on average, it took Corsair Gaming Inc longer to sell its inventory during this period.
A higher number of days of inventory on hand can result in increased carrying costs, storage expenses, and potential obsolescence risks. It is essential for the company to manage its inventory efficiently to avoid tying up excess capital and optimize its cash flow.
The rising trend in DOH may suggest potential issues with inventory management, such as overstocking, slow-moving inventory, or difficulties in accurately forecasting demand. Corsair Gaming Inc should closely monitor and address these issues to improve operational efficiency and maintain a healthy balance between supply and demand.
Peer comparison
Dec 31, 2024