DXC Technology Co (DXC)

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
Inventory turnover		—	26.87	27.11	23.51	27.40	11.17	21.41	21.74	23.19	28.70	33.24	28.34	26.66	38.38	31.53	38.38	39.63	27.86	21.68	11.38
DOH	days	—	13.59	13.46	15.53	13.32	32.68	17.05	16.79	15.74	12.72	10.98	12.88	13.69	9.51	11.58	9.51	9.21	13.10	16.83	32.09

March 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The days of inventory on hand (DOH) for DXC Technology Co has fluctuated over the past few quarters, ranging from as low as 9.51 days to as high as 32.68 days. A lower DOH indicates that the company is selling its inventory quickly, which could be a positive sign of efficient inventory management. However, a significantly low DOH could also raise concerns about potential stockouts or inadequate inventory levels to meet demand.

On the other hand, a higher DOH may suggest that the company is holding onto inventory for an extended period, potentially tying up capital and leading to higher carrying costs. The sharp increase in DOH from 9.51 days in Dec 2020 to 32.68 days in Mar 2021 warrants further investigation into the reasons behind this substantial change.

Overall, the trend in DXC Technology Co's DOH should be closely monitored to ensure optimal inventory levels that balance the need to meet customer demand while minimizing holding costs and potential stock obsolescence.