Dell Technologies Inc (DELL)
Days of inventory on hand (DOH)
Aug 2, 2024 | May 3, 2024 | Feb 2, 2024 | Nov 3, 2023 | Aug 4, 2023 | May 5, 2023 | Feb 3, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | May 1, 2020 | Jan 31, 2020 | Nov 1, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | 11.97 | 14.45 | 18.65 | 20.66 | 20.02 | 18.72 | 16.67 | 13.40 | 14.38 | 13.11 | 13.45 | 14.08 | 17.04 | 17.98 | 19.55 | 18.91 | 17.67 | 17.73 | 19.56 | 19.53 | |
DOH | days | 30.49 | 25.26 | 19.57 | 17.67 | 18.23 | 19.50 | 21.90 | 27.24 | 25.39 | 27.83 | 27.15 | 25.92 | 21.42 | 20.30 | 18.67 | 19.31 | 20.66 | 20.59 | 18.66 | 18.69 |
August 2, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 11.97
= 30.49
The days of inventory on hand (DOH) for Dell Technologies Inc has fluctuated over the past 20 quarters, ranging from a low of 17.67 days to a high of 30.49 days. This indicates variability in the efficiency of managing inventory levels during the period under review.
On average, Dell has maintained inventory for about 21 days over the period. A decreasing trend in DOH from 2019 to 2023 suggests that Dell has been successful in managing its inventory more effectively, potentially through improved supply chain management or inventory control practices.
Overall, a lower DOH implies that Dell is efficiently managing its inventory levels, reducing the risk of excess inventory and related holding costs. However, consistent monitoring and optimization of inventory turnover will be crucial for Dell to sustain its operational efficiency and financial performance in the future.
Peer comparison
Aug 2, 2024
See also:
Dell Technologies Inc Average Inventory Processing Period (Quarterly Data)