CSG Systems International Inc (CSGS)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | |
| DOH | days | — | — | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) ratio measures how many days, on average, a company holds onto its inventory before selling it. A lower DOH indicates a more efficient management of inventory.
Without specific data provided in the table, it is challenging to perform a detailed analysis of CSG Systems International Inc.'s DOH over the years. It would be beneficial to calculate the DOH for each year using the formula:
DOH = (Average Inventory / Cost of Goods Sold) x Number of Days in the Period
By comparing the calculated DOH figures across the years, one can assess the company's inventory management efficiency and identify any trends or fluctuations. A decreasing trend in DOH suggests improving inventory turnover, which could indicate better sales performance and operational effectiveness. In contrast, an increasing trend may signal issues such as overstocking or slower sales.
Therefore, a detailed analysis of CSG Systems International Inc.'s DOH over the years would provide valuable insights into its inventory management practices and overall operational performance.
Peer comparison
Dec 31, 2023