Guidewire Software Inc (GWRE)

Days of inventory on hand (DOH)

		Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021	Jul 31, 2020
Inventory turnover		44.14	74.69	—	27.35	17.51
DOH	days	8.27	4.89	—	13.34	20.84

July 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 44.14
= 8.27

The days of inventory on hand (DOH) for Guidewire Software Inc has shown a decreasing trend over the years based on the provided data.

- In July 31, 2020, the company had approximately 20.84 days of inventory on hand.
- By July 31, 2021, the DOH decreased to 13.34 days, indicating a more efficient management of inventory.
- Unfortunately, data for July 31, 2022 is missing, making it difficult to analyze the trend for that specific period.
- However, by July 31, 2023, the DOH further decreased to 4.89 days, suggesting a significant improvement in inventory turnover efficiency.
- As of July 31, 2024, the DOH slightly increased to 8.27 days, which could be due to various factors impacting inventory management.

Overall, the decreasing trend in the days of inventory on hand for Guidewire Software Inc indicates better control over inventory levels, potentially leading to improved liquidity and operational efficiency. It is important for the company to continue monitoring and managing its inventory effectively to ensure optimal performance.