Hewlett Packard Enterprise Co (HPE)
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 | 0.77 | 0.81 | 0.85 | 1.02 | 1.34 | 1.51 | 1.55 | 1.46 | 1.29 | 1.04 | 1.10 | 1.06 | 1.26 | 2.31 | 2.88 | 3.49 | 3.66 | 2.77 | 2.96 | 3.74 | |
| DOH | days | 471.81 | 453.24 | 429.90 | 356.40 | 272.45 | 242.32 | 236.20 | 250.56 | 283.53 | 351.76 | 332.62 | 344.91 | 290.80 | 158.29 | 126.95 | 104.57 | 99.61 | 131.65 | 123.49 | 97.48 |
October 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 0.77
= 471.81
The Days of Inventory on Hand (DOH) ratio for Hewlett Packard Enterprise Co has shown some fluctuations over the past few years.
From January 2020 to April 2021, the DOH ranged from 97.48 days to 158.29 days, indicating that the company was carrying inventory for an average period of around 100 to 160 days during this period.
There was a significant increase in DOH in the most recent periods, with the ratio surpassing 400 days in October 2024. This sharp increase suggests that the company may be experiencing challenges in selling its inventory in a timely manner, leading to a longer holding period.
The decreasing trend in DOH from mid-2021 to early 2023 indicates that the company was managing its inventory more efficiently during this period, with a decreasing trend in the number of days it took to sell its inventory.
Overall, the increasing DOH trend in the most recent periods may raise concerns about the company's inventory management efficiency and its ability to convert inventory into sales. Further monitoring and analysis of inventory turnover and sales trends would be crucial to assess the impact of these developments on Hewlett Packard Enterprise Co's operational and financial performance.
Peer comparison
Oct 31, 2024
See also:
Hewlett Packard Enterprise Co Average Inventory Processing Period (Quarterly Data)