EPAM Systems Inc (EPAM)

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 — — — — — — — — — — — — — — — — — — — —
DOH days — — — — — — — — — — — — — — — — — — — —

December 31, 2023 calculation

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

To analyze the days of inventory on hand (DOH) of EPAM Systems Inc, we need the inventory turnover ratio which is calculated as:

Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory

Once we have the inventory turnover ratio, we can calculate the DOH as:

DOH = (365 days / Inventory Turnover Ratio)

Without specific data on the cost of goods sold and average inventory for EPAM Systems Inc, a detailed analysis of the DOH for each quarter is not feasible.

However, a general observation can be made that if the DOH decreases over time, it suggests that the company is selling its inventory more quickly. Conversely, an increasing trend in DOH may indicate inefficiencies in managing inventory or slowing sales.

To provide a more in-depth analysis, the actual figures for cost of goods sold and average inventory for each quarter would need to be obtained in order to calculate the inventory turnover ratio and DOH accurately.