HealthEquity Inc (HQY)
Days of inventory on hand (DOH)
| Jan 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The data provided does not contain specific values for the Days of Inventory on Hand (DOH) for HealthEquity Inc over the mentioned periods from April 30, 2020, to January 31, 2025. Without this information, it is not possible to calculate or analyze the trend in HealthEquity's DOH, which is a key metric used to assess how efficiently a company manages its inventory.
Analyzing DOH helps in evaluating the company's inventory management performance, indicating how long, on average, it takes the company to sell its inventory. A lower DOH typically signifies better inventory management efficiency and a quicker turnover of inventory, leading to reduced holding costs and potential obsolescence risk. Conversely, a higher DOH may indicate overstocking or slower-moving inventory, leading to higher carrying costs and potential write-offs.
Given the missing data points, it is crucial to obtain the specific DOH values for the respective periods to gain insights into HealthEquity's inventory management effectiveness and make informed assessments about its operational efficiency and financial performance related to inventory.
Peer comparison
Jan 31, 2025