Intuit Inc (INTU)

Days of inventory on hand (DOH)

		Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021
Inventory turnover		—	—	7.48	—	—
DOH	days	—	—	48.78	—	—

July 31, 2025 calculation

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

The provided data indicates that Intuit Inc. did not report a measurable days of inventory on hand (DOH) for the fiscal years ending July 31, 2021 and July 31, 2022, as denoted by the "— days" entries. This suggests that inventory levels were either negligible, not separately tracked, or not material enough to be reported distinctly in those periods.

By July 31, 2023, the company reported a DOH of approximately 48.78 days. This figure represents the average number of days it takes for Intuit to sell its inventory during that fiscal year. A DOH of nearly 49 days indicates that, on average, inventory remains on hand for just under two months before being converted into sales. This duration aligns with typical inventory turnover rates observed in the software and digital services industry, where physical inventory levels are often minimal or non-existent.

No data are available for subsequent periods (July 31, 2024, and July 31, 2025), implying that either the company continued to report no significant physical inventory, or the metrics were not disclosed for these years.

Overall, the absence of inventory holdings in earlier periods and the reported DOH in 2023 suggest that Intuit's operational model relies primarily on digital products or services with negligible physical inventory. When inventory is present, it is managed efficiently enough to maintain a DOH of under 50 days, reflecting a potentially optimized inventory cycle in line with industry standards for digital-centric firms.