DXC Technology Co (DXC)
Days of inventory on hand (DOH)
Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | 27.40 | 23.19 | 26.66 | 39.63 | |
DOH | days | — | 13.32 | 15.74 | 13.69 | 9.21 |
March 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The Days of Inventory on Hand (DOH) for DXC Technology Co have exhibited fluctuations over the past five years. In the most recent fiscal year ending March 31, 2024, the company did not report a specific number for DOH. However, in the preceding years, the DOH figures were as follows: 13.32 days in 2023, 15.74 days in 2022, 13.69 days in 2021, and 9.21 days in 2020.
The trend reveals that the company's inventory turnover efficiency has varied, with a notable increase in inventory holding duration from 2020 to 2022, followed by a slight decrease in 2023. The absence of a specific DOH figure for 2024 makes it challenging to assess the current state of inventory management at DXC Technology Co accurately. Generally, a lower DOH indicates better inventory management efficiency, as it suggests a quicker inventory turnover and reduced risk of obsolescence or holding costs. Conversely, a higher DOH may indicate slower inventory turnover and potentially inefficiencies in managing stock levels.
Peer comparison
Mar 31, 2024