DocuSign Inc (DOCU)
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 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 4,532.26 | 4,132.58 | 3,802.11 | |
| DOH | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.08 | 0.09 | 0.10 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) ratio measures how many days, on average, a company holds onto its inventory before selling it. A lower DOH value indicates that the company is efficiently managing its inventory by quickly selling off its stock.
For DocuSign Inc, the trend in the DOH ratio from April 2020 to October 2020 shows a consistent decrease from 0.10 days to 0.08 days. This indicates that DocuSign is improving its inventory management efficiency over this period.
However, the lack of data for the DOH ratio from January 2021 onwards suggests that we cannot assess the company's inventory turnover performance in the recent reporting periods. It is important for stakeholders to monitor the DOH ratio regularly to gauge DocuSign's inventory management effectiveness and its impact on the company's overall financial health.
Peer comparison
Jan 31, 2025