Envestnet Inc (ENV)
Days of inventory on hand (DOH)
| 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 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | 30.16 | 40.90 | 34.09 | — | 20.93 | — | 16.18 | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | — | — | 12.10 | 8.93 | 10.71 | — | 17.44 | — | 22.55 | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
To analyze Envestnet Inc.'s days of inventory on hand (DOH), we would ideally need the inventory levels and cost of goods sold (COGS) data for each quarter. DOH is calculated as (Average Inventory / COGS) * 365 days.
Without the specific inventory and COGS figures for the quarters provided, we are unable to calculate the DOH to assess the efficiency of Envestnet's inventory management. Therefore, it is recommended to obtain the necessary data to compute the DOH metric accurately and gain insights into the company's inventory turnover and operational effectiveness.
In summary, the provided DOH data alone is insufficient for a comprehensive analysis of Envestnet Inc.'s inventory management performance, and further financial information is required to draw meaningful conclusions.
Peer comparison
Dec 31, 2023