Cognizant Technology Solutions Corp Class A (CTSH)
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 ÷ —
= —
As the days of inventory on hand (DOH) for Cognizant Technology Solutions Corp. have not been provided for the years ranging from 2019 to 2023, a detailed analysis of the trend in DOH over this period is not feasible. In order to perform a comprehensive analysis of this ratio, it is essential to have the specific DOH figures for each year.
Days of inventory on hand is a key financial ratio that measures the number of days it takes for a company to sell its inventory. A lower DOH indicates that the company is selling its inventory more quickly, which is generally considered favorable as it can lead to lower holding costs and reduced exposure to inventory obsolescence.
Without the specific DOH values for Cognizant Technology Solutions Corp., it is challenging to evaluate how efficiently the company manages its inventory levels over the years in question. It is recommended that access to the actual DOH figures for each year would be necessary to conduct a thorough analysis and provide valuable insights into the company's inventory management practices and efficiency.
Peer comparison
Dec 31, 2023