Kyndryl Holdings Inc (KD)

Days of inventory on hand (DOH)

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020
Inventory turnover		—	—	—	12.26	12.19	14.76	—	13.10	—	15.63	10.10	—	9.62	13.14	—	—	—	12.42
DOH	days	—	—	—	29.78	29.94	24.73	—	27.85	—	23.35	36.13	—	37.93	27.79	—	—	—	29.39

March 31, 2025 calculation

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

Based on the data provided, Kyndryl Holdings Inc's days of inventory on hand (DOH) has displayed some fluctuations over the past few years. The DOH measures how many days it takes for the company to convert its inventory into sales, indicating the efficiency of inventory management.

- As of December 31, 2020, the DOH was 29.39 days, suggesting that on average, Kyndryl held inventory for almost a month before selling it.
- There is missing data for the DOH in March, June, and September 2021, indicating a lack of information for those periods.
- By December 31, 2021, the DOH had decreased to 27.79 days, implying a slight improvement in inventory turnover efficiency compared to the previous year-end.
- The DOH saw a notable increase to 37.93 days by March 31, 2022, indicating a lengthening in the time taken to convert inventory into sales.
- Subsequently, the DOH fluctuated between 36.13 days and 23.35 days up to December 31, 2022, showing variability in inventory management efficiency.
- Further fluctuations were observed in the following periods, with DOH ranging from 24.73 days to 29.94 days by March 31, 2024.
- As of June 30, 2024, and September 30, 2024, the data for DOH is missing, which could indicate a lack of clarity on inventory management during those quarters.
- Looking at the trend overall, it appears that Kyndryl Holdings has experienced varying levels of efficiency in managing its inventory turnover, with periods of improvement and some fluctuations in the time taken to convert inventory into sales.

In conclusion, analyzing Kyndryl's DOH provides insights into the company's inventory management practices and their effectiveness in optimizing the balance between holding enough inventory to meet demand and avoiding excess inventory that ties up working capital.