N-Able Inc (NABL)
Days of inventory on hand (DOH)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|
Inventory turnover | — | — | — | |
DOH | days | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Days of Inventory on Hand (DOH) is a vital financial metric that measures the average number of days a company holds inventory before selling it. Unfortunately, without specific data for each year, it is challenging to provide a detailed analysis of N-Able Inc's DOH trend over the last three years.
However, DOH is typically analyzed by comparing it over multiple periods to identify trends and potential issues such as inventory management inefficiencies or changes in demand patterns. A decreasing DOH over time is generally favorable as it implies faster inventory turnover and better liquidity, while an increasing trend may suggest overstocking or slowing sales.
To fully evaluate N-Able Inc's inventory management efficiency and the impact on its financial performance, a year-over-year comparison of their DOH along with relevant industry benchmarks and competitor analysis would be necessary. Without this additional information, it is difficult to draw specific conclusions about the company's inventory management effectiveness.
Peer comparison
Dec 31, 2023