Guidewire Software Inc (GWRE)
Days of inventory on hand (DOH)
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | 43.52 | — | — | — | 73.58 | 57.42 | — | — | — | — | 15.36 | — | — | — | — | — | — | — | — | |
| DOH | days | — | 8.39 | — | — | — | 4.96 | 6.36 | — | — | — | — | 23.76 | — | — | — | — | — | — | — | — |
October 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The Days of Inventory on Hand (DOH) for Guidewire Software Inc fluctuated over the periods provided. As of January 31, 2022, the company had an inventory turnover of approximately 23.76 days, indicating that it takes around 23.76 days for the company to sell through its inventory. This could suggest efficient inventory management or high sales volume relative to inventory levels at that time.
Subsequently, on April 30, 2023, the DOH dropped significantly to 6.36 days, showing an improvement in inventory turnover efficiency. This could be a positive sign of better inventory management or increased demand for the company's products.
Further, by July 31, 2023, the DOH decreased even more to 4.96 days, indicating a further enhancement in inventory turnover efficiency. This decreasing trend may imply that Guidewire Software Inc is effectively managing its inventory levels, which could lead to lower holding costs and potentially improved cash flow.
However, as of July 31, 2024, the DOH increased to 8.39 days, suggesting a slight decrease in inventory turnover efficiency compared to the previous period. This increase could be due to various factors such as changes in demand patterns, supply chain disruptions, or inventory management challenges.
Overall, while there have been fluctuations in the Days of Inventory on Hand for Guidewire Software Inc, it is essential for the company to continue monitoring and managing its inventory levels effectively to ensure optimal performance and profitability.
Peer comparison
Oct 31, 2024