Cisco Systems Inc (CSCO)

Days of inventory on hand (DOH)

		Jul 31, 2024	Jul 27, 2024	Jul 31, 2023	Jul 29, 2023	Jul 31, 2022
Inventory turnover		5.63	10.02	5.83	9.44	7.52
DOH	days	64.88	36.44	62.61	38.66	48.54

July 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.63
= 64.88

The days of inventory on hand (DOH) for Cisco Systems Inc has fluctuated over the years based on the provided data. As of July 31, 2022, the company had approximately 48.54 days of inventory on hand, which decreased to around 38.66 days by July 29, 2023. However, there was a significant increase in DOH by July 31, 2023, reaching approximately 62.61 days. Subsequently, the DOH decreased to around 36.44 days by July 27, 2024, but then increased again to about 64.88 days by July 31, 2024.

This fluctuation in DOH levels may indicate changes in inventory management practices, production efficiency, demand forecasting, or supply chain dynamics within Cisco Systems Inc. It is important for the company to monitor and manage its inventory levels effectively to ensure optimal utilization of resources and to minimize carrying costs associated with excess inventory.