Stride Inc (LRN)
Days of inventory on hand (DOH)
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 38.90 | 34.74 | 32.42 | 30.28 | 25.24 | |
| DOH | days | 9.38 | 10.51 | 11.26 | 12.05 | 14.46 |
June 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 38.90
= 9.38
The Days of Inventory on Hand (DOH) for Stride Inc. demonstrates a consistent downward trend over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the DOH decreased from 14.46 days in 2021 to 12.05 days in 2022, reflecting a reduction of approximately 2.41 days. This decreasing trend continued into 2023, with the DOH declining further to 11.26 days, indicating an ongoing improvement in inventory management efficiency. The trend persisted into 2024, with DOH reaching 10.51 days, and further decreased to 9.38 days as of June 30, 2025.
Overall, the reduction in DOH over this period suggests that Stride Inc. has been progressively enhancing its inventory turnover, possibly through more efficient inventory procurement, better demand forecasting, or streamlined supply chain processes. The consistent decline indicates an improved capacity to convert inventory into sales more quickly, which can positively impact liquidity and working capital management. The trend toward shorter inventory holding periods aligns with industry best practices for operational efficiency, reducing the risk of inventory obsolescence, and freeing up resources for other strategic investments.
Peer comparison
Jun 30, 2025