Corsair Gaming Inc (CRSR)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 4.58 | 4.61 | 4.95 | 5.61 | 5.60 | 4.67 | 4.16 | 4.36 | 4.66 | 4.23 | 5.28 | ||||
| DOH | days | 79.72 | 79.18 | 73.72 | 65.08 | 65.22 | 78.21 | 87.83 | 83.64 | 78.32 | 86.30 | 69.14 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.58
= 79.72
Corsair Gaming Inc's days of inventory on hand (DOH) has shown variations over the past eight quarters. In Q4 2023, the DOH stood at 79.72 days, slightly higher than the previous quarter but remained in a relatively stable range. The trend indicates that the company has maintained a moderate level of inventory compared to sales.
Comparing to the same quarter in the previous year, Q4 2022 had a similar DOH of 65.22 days, suggesting consistency in managing inventory levels. However, in Q2 2022, the DOH spiked to 87.83 days, indicating a potential excess of inventory, which was later corrected in successive quarters.
Overall, the company's management of inventory appears to be reasonably efficient, with fluctuations but generally staying within a manageable range. It is essential for Corsair Gaming Inc to continue monitoring and adjusting its inventory levels to optimize efficiency and profitability.
Peer comparison
Dec 31, 2023