Duolingo Inc (DUOL)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | 2.79 | 2.73 | 2.84 | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | — | — | — | 130.65 | 133.87 | 128.63 | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) ratio for Duolingo Inc has been relatively stable over the period from December 31, 2022, to June 30, 2023, ranging from 128.63 days to 133.87 days. This indicates that Duolingo holds inventory for a significant period before selling it, which may tie up company resources and impact cash flow and profitability. The ratio is above the industry average, suggesting potential inefficiencies in managing inventory levels. However, for the later periods from September 30, 2023, onwards, data on DOH is unavailable, making it difficult to assess the recent trend in inventory management efficiency. Monitoring this ratio closely in the future will be crucial for understanding changes in Duolingo's inventory management practices.
Peer comparison
Dec 31, 2024