Duolingo Inc (DUOL)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | 2.84 | — | 3.39 | |
| DOH | days | — | — | 128.63 | — | 107.82 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Duolingo Inc have shown some fluctuation over the years. In 2020, the DOH was calculated at 107.82 days, indicating that on average, the company held inventory for approximately 108 days before selling it. However, in 2021, the data is missing, which may suggest a lack of available information for that year.
The trend resumed in 2022 with a DOH of 128.63 days, indicating that the company's inventory turnover slowed down, and it took longer before the inventory was sold. The missing data for 2023 and 2024 could signal a lack of complete records or a deliberate omission of disclosing this information.
Overall, a high DOH value could imply inefficiency in inventory management, tying up capital in unsold inventory for extended periods. It is essential for Duolingo Inc to monitor and potentially optimize its inventory turnover to improve cash flow and overall operational efficiency.
Peer comparison
Dec 31, 2024