Cognizant Technology Solutions Corp Class A (CTSH)
Days of inventory on hand (DOH)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | Jun 30, 2020 | Mar 31, 2020 | ||
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Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
DOH | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) ratio for Cognizant Technology Solutions Corp Class A provides insights into how efficiently the company manages its inventory levels. However, the provided data does not include specific figures for the DOH ratio for the periods mentioned, only showing that the DOH was not available ("— days") for each of the dates provided.
Without specific values for the DOH ratio, we are unable to perform a detailed analysis of Cognizant's inventory management efficiency over time. To assess the effectiveness of the company's inventory management, it would be necessary to calculate the ratio using the formula:
DOH = (Average Inventory / Cost of Goods Sold) x Number of Days in the Period
A lower DOH ratio generally indicates better inventory management, as it suggests that the company is selling its products more quickly and efficiently. Conversely, a higher DOH ratio can imply that the company may be carrying excess or obsolete inventory, which can tie up capital and lead to higher holding costs.
In conclusion, without the specific data points for the DOH ratio over the given periods, a detailed analysis of Cognizant's inventory management efficiency cannot be provided. Additional information or financial figures are required to evaluate the company's inventory turnover and operational performance accurately.
Peer comparison
Dec 31, 2024