DigitalOcean Holdings Inc (DOCN)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | 8.53 | — | — | — | ||||
| DOH | days | — | — | — | — | — | — | 42.77 | — | — | — |
March 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The Days of Inventory on Hand (DOH) for DigitalOcean Holdings Inc has not been consistently provided in the financial statements. However, based on the available data, the company had a DOH of 42.77 days as of September 30, 2022.
The DOH ratio is a measure of how many days, on average, a company holds inventory before selling it. A lower DOH indicates that the company is turning over its inventory more quickly, which can be positive as it minimizes the risk of holding obsolete or excess inventory.
In the absence of additional data points, it is difficult to draw definitive conclusions about DigitalOcean's inventory management efficiency over time. Further analysis would require more consistent and complete data to track trends and assess the company's performance in managing its inventory levels.
Peer comparison
Mar 31, 2024