Intuit Inc (INTU)

Days of inventory on hand (DOH)

		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	Oct 31, 2019
Inventory turnover		—	—	1.72	2.26	13.59	14.61	15.50	—	—	—	—	—	—	—	—	—	—	—	—	—
DOH	days	—	—	212.35	161.24	26.86	24.99	23.55	—	—	—	—	—	—	—	—	—	—	—	—	—

July 31, 2024 calculation

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

The days of inventory on hand (DOH) for Intuit Inc has shown significant fluctuations over the past few quarters, indicating varying efficiency in managing its inventory levels. In January 2020, the company had a high DOH of 212.35 days, suggesting that it held inventory for a longer period before selling it. Subsequently, there was a sharp decrease in DOH to 26.86 days by July 2023 and further to 23.55 days by January 2024. These lower figures indicate that Intuit was able to sell its inventory at a faster pace, potentially improving cash flow and reducing holding costs.

However, it is important to note the absence of data for some quarters, which limits the ability to assess the trend consistently. The lack of data for certain periods may be due to various reasons such as seasonality, changes in accounting practices, or data availability constraints. Analyzing the DOH trend over a longer period could provide more insights into Intuit's inventory management efficiency and its impact on the company's overall operations.