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.
Peer comparison
Dec 31, 2023