ExlService Holdings Inc (EXLS)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | 249.11 | 26.82 | 39.06 | |
| DOH | days | — | — | 1.47 | 13.61 | 9.34 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for ExlService Holdings Inc has fluctuated over the past few years.
At the end of December 31, 2020, the company had 9.34 days worth of inventory on hand, indicating that it takes approximately 9.34 days for the company to sell its entire inventory. By December 31, 2021, this number had increased to 13.61 days, suggesting a slower rate of inventory turnover compared to the previous year.
Remarkably, by the end of December 31, 2022, the DOH dropped significantly to 1.47 days, reflecting a much faster rate of inventory turnover. This could indicate better inventory management practices or changes in the company's business operations.
Unfortunately, data is unavailable for December 31, 2023 and December 31, 2024. It is important for investors and stakeholders to monitor the DOH metric over time to assess the company's efficiency in managing inventory levels and its overall operational performance.
Peer comparison
Dec 31, 2024