Crowdstrike Holdings Inc (CRWD)
Days of inventory on hand (DOH)
Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | 9.84 | 9.74 | 10.17 | 12.41 | |
DOH | days | — | 37.08 | 37.46 | 35.87 | 29.41 |
January 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Crowdstrike Holdings Inc has shown a fluctuating trend over the past five years. In particular, the DOH was highest at 37.46 days in January 31, 2023, and slightly decreased to 37.08 days in January 31, 2024. This indicates that the company is holding inventory for slightly fewer days in the most recent year compared to the previous year.
Furthermore, comparing the most recent data to five years ago, there has been an overall increase in the days of inventory on hand from 29.41 days in January 31, 2020, to 37.08 days in January 31, 2024. This suggests that Crowdstrike Holdings Inc may be carrying more inventory on hand in recent years, which could potentially tie up more working capital and impact liquidity.
It would be beneficial for the company to keep monitoring and managing its inventory levels efficiently to optimize cash flow and operational performance.
Peer comparison
Jan 31, 2024
See also:
Crowdstrike Holdings Inc Average Inventory Processing Period