CommVault Systems Inc (CVLT)

Days of inventory on hand (DOH)

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Inventory turnover 16.20 16.10 15.83 15.89 14.63 15.52
DOH days 22.53 22.67 23.06 22.98 24.94 23.52

March 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

CommVault Systems Inc's days of inventory on hand (DOH) has shown a relatively stable trend over the periods presented in the table. The company maintained an average DOH of around 23 days, indicating that it takes approximately 23 days to sell its inventory. The slight fluctuations in DOH from quarter to quarter suggest that CommVault Systems Inc manages its inventory efficiently, neither overstocking nor understocking its inventory levels. It is essential for investors and stakeholders to monitor this metric along with other key financial ratios to assess the company's operational effectiveness and inventory management practices over time.


Peer comparison

Mar 31, 2024