Leidos Holdings Inc (LDOS)

Days of inventory on hand (DOH)

		Dec 31, 2024	Sep 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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Inventory turnover		43.88	41.75	41.91	42.56	44.02	41.12	41.78	42.90	42.37	41.84	42.50	42.78	42.91	45.15	40.72	38.26	35.36	34.02	—	132.58
DOH	days	8.32	8.74	8.71	8.58	8.29	8.88	8.74	8.51	8.61	8.72	8.59	8.53	8.51	8.08	8.96	9.54	10.32	10.73	—	2.75

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 43.88
= 8.32

The Days of Inventory on Hand (DOH) metric for Leidos Holdings Inc shows the number of days it takes for the company to sell its entire inventory. The trend analysis indicates that the company has efficiently managed its inventory over the years.

From 2019 to 2020, there was a significant improvement in inventory management as the DOH decreased from 2.75 days to 9.54 days. Subsequently, the DOH remained relatively consistent around the 8 to 9 days range from 2021 to 2024. This stability suggests that Leidos Holdings Inc has been maintaining a consistent level of inventory turnover efficiency.

Overall, the DOH metric demonstrates that Leidos Holdings Inc has been effectively managing its inventory levels. A lower DOH implies that the company is efficiently selling its products, which can lead to improved cash flow and profitability. It is essential for the company to continue monitoring and managing its inventory levels to ensure optimal operational performance.