ExlService Holdings Inc (EXLS)

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		—	416.28	284.43	227.91	249.11	25.81	26.30	22.57	—	20.24	15.78	16.09	29.86	22.47	41.87	21.03	29.30	38.73	20.19	17.10
DOH	days	—	0.88	1.28	1.60	1.47	14.14	13.88	16.17	—	18.03	23.12	22.69	12.22	16.24	8.72	17.36	12.46	9.42	18.08	21.34

December 31, 2023 calculation

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

Days of Inventory on Hand (DOH) is an important metric that indicates how efficiently a company is managing its inventory levels. A lower DOH value suggests that the company is able to quickly turn its inventory into sales, while a higher DOH value may indicate excess or slow-moving inventory.

Unfortunately, without specific data for ExlService Holdings Inc's DOH for the respective quarters provided in the table, it is challenging to conduct a detailed analysis of the trend over time. However, a consistent or decreasing trend in DOH over quarters would generally be seen as a positive sign, indicating that the company is managing its inventory more efficiently.

To gain deeper insights into ExlService Holdings Inc's inventory management performance, it would be beneficial to have access to the actual DOH values for each quarter and compare them with industry benchmarks or historical trends within the company to assess how effectively it is utilizing its inventory.