CommVault Systems Inc (CVLT)
Days of inventory on hand (DOH)
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | 3.81 | 3.69 | 3.55 | 3.50 | — | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | — | — | 95.87 | 98.90 | 102.91 | 104.27 | — | — | — | — | — | — | — | — | — | — | — |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for CommVault Systems Inc have shown a declining trend from 104.27 days as of March 31, 2023, to 95.87 days as of December 31, 2023. This decreasing trend indicates that the company is managing its inventory more efficiently, taking fewer days to sell its inventory or turn it into sales.
However, it is also important to note that there is missing data for certain periods, particularly in 2020 and 2024, which may limit the complete assessment of the inventory management performance during those periods.
Overall, the decreasing trend in DOH is a positive indicator for CommVault Systems Inc, suggesting improved inventory turnover and potentially better liquidity as the company is holding less inventory for a shorter period. It is essential for the company to continue monitoring its inventory levels and striking a balance between having enough stock to meet customer demand and avoiding excess inventory holding costs.
Peer comparison
Mar 31, 2025