Sprinklr Inc (CXM)
Days of inventory on hand (DOH)
Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | — | — | — | — | — | 7.82 | — | — | — | 6.30 | — | 3.20 | — | 3.35 | — | 2.05 | 1.96 | 1.94 | |
DOH | days | — | — | — | — | — | 46.67 | — | — | — | 57.92 | — | 113.96 | — | 109.01 | — | 177.72 | 185.84 | 188.37 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Sprinklr Inc have shown fluctuating trends over the analyzed periods. Starting at 188.37 days on October 31, 2020, the DOH decreased to 185.84 days by January 31, 2021 and further to 177.72 days by April 30, 2021. Notably, there is missing data for July 31, 2021 and subsequent periods.
However, a significant improvement is observed as of October 31, 2022, with the DOH decreasing substantially to 57.92 days. This trend continues to improve with the DOH reaching 46.67 days by October 31, 2023.
The decreasing trend in the DOH indicates that Sprinklr Inc has been managing its inventory levels more efficiently. Lower DOH values suggest that the company is selling its inventory at a quicker pace, which can lead to reduced carrying costs and potential cash flow improvement.
It would be beneficial for stakeholders to monitor future DOH values to assess the company's ongoing inventory management practices and their impact on operational efficiency and financial performance.
Peer comparison
Jan 31, 2025