Kyndryl Holdings Inc (KD)

Days of inventory on hand (DOH)

		Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Dec 31, 2021	Sep 30, 2021
Inventory turnover		—	—	—	13.10	—	15.82	10.26
DOH	days	—	—	—	27.85	—	23.07	35.57

March 31, 2024 calculation

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

Kyndryl Holdings Inc's Days of Inventory on Hand (DOH) fluctuated over the periods provided. As of March 31, 2024, the data was not available, indicating a lack of specific information for that quarter. The trend in the previous periods shows variability, with a notable increase to 27.85 days in June 30, 2023, and a subsequent decrease to 23.07 days by December 31, 2022.

The DOH metric reflects the average number of days it takes for the company to sell its inventory. A higher number implies that inventory is not moving as quickly, potentially leading to higher carrying costs and the risk of obsolescence. Conversely, a lower number could indicate efficient inventory turnover but may also point to stockouts if not managed properly.

Kyndryl should aim to strike a balance in managing its inventory levels to optimize working capital efficiency, minimize carrying costs, and ensure timely delivery of products to customers. Further analysis and comparison with industry benchmarks can provide additional insights into the company's inventory management effectiveness.