Dynatrace Holdings LLC (DT)
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 | ||
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Inventory turnover | — | 10.78 | 11.06 | 10.79 | 10.40 | 11.62 | 12.62 | 12.32 | 11.31 | 11.38 | 11.64 | 11.04 | 10.56 | 7.71 | 8.25 | 15.20 | 16.01 | ||||
DOH | days | — | 33.87 | 33.00 | 33.82 | 35.11 | 31.42 | 28.91 | 29.62 | 32.28 | 32.07 | 31.35 | 33.06 | 34.56 | 47.36 | 44.24 | 24.01 | 22.79 |
March 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Dynatrace Holdings LLC has shown some fluctuations over the past few quarters. It is used to measure how long it takes for a company to turn its inventory into sales.
Looking at the data, we can see that the DOH ranged between 22.79 days to 47.36 days over the past few quarters. The trend indicates that the company has been able to reduce its inventory holding period in recent quarters, which is generally seen as a positive sign as it implies better inventory management efficiency.
Although there have been fluctuations in the DOH, the company seems to have maintained it within a reasonable range. It is essential for the company to strike a balance between carrying enough inventory to meet customer demand and not holding excess inventory that could tie up capital unnecessarily.
Overall, based on the trend observed in the DOH for Dynatrace Holdings LLC, it appears that the company has been making efforts to optimize its inventory management practices to improve operational efficiency and financial performance.
Peer comparison
Mar 31, 2024