Korn Ferry (KFY)

Days of inventory on hand (DOH)

Apr 30, 2024 Apr 30, 2023 Apr 30, 2022 Apr 30, 2021 Apr 30, 2020
Inventory turnover 45.66 48.11 50.15 58.84
DOH days 7.99 7.59 7.28 6.20

April 30, 2024 calculation

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

The days of inventory on hand (DOH) for Korn Ferry has shown a gradual increasing trend over the past five years. In the most recent fiscal year ending April 30, 2024, the company did not report a specific figure for DOH. However, in the preceding years, the DOH stood at 7.99 days in 2023, 7.59 days in 2022, 7.28 days in 2021, and 6.20 days in 2020.

The increasing trend in DOH indicates that Korn Ferry is holding inventory for a longer period before selling it, which could tie up working capital and potentially lead to higher storage costs and obsolescence risks. This trend suggests that the company may need to optimize its inventory management practices to ensure efficient use of resources and timely turnover of inventory to improve cash flow and profitability. Further analysis of the company's supply chain management and inventory control methods may be warranted to address these concerns.


Peer comparison

Apr 30, 2024

Company name
Symbol
DOH
Korn Ferry
KFY
Heidrick & Struggles International
HSII