N-Able Inc (NABL)
Days of inventory on hand (DOH)
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 | ||
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Inventory turnover | — | — | — | — | — | — | — | — | ||||
DOH | days | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Days of inventory on hand (DOH) is a financial ratio that measures the average number of days a company takes to sell its inventory. A lower DOH implies that the company is efficiently managing its inventory levels and selling products quickly, while a higher DOH may indicate overstocking or slow sales.
Unfortunately, without specific numerical values for the DOH ratio for N-Able Inc over the specified periods, it is challenging to provide a detailed analysis of the company's inventory management efficiency. However, if the DOH has been increasing over time, it may indicate that N-Able Inc is struggling to turn over its inventory quickly, which could lead to potential issues such as carrying excess inventory costs or facing obsolescence risks.
On the other hand, a decreasing trend in DOH would suggest that N-Able Inc is improving its inventory turnover and managing its inventory more effectively. This could result in improved cash flow, reduced storage costs, and potentially higher profitability due to lower holding costs and increased sales.
To provide a more insightful analysis, it would be necessary to have the specific DOH data for N-Able Inc over the given periods to evaluate trends and make comparisons with industry benchmarks or historical performance. Further analysis could involve examining the company's inventory management strategies, supply chain processes, and sales performance to determine the underlying factors driving changes in the DOH ratio.
Peer comparison
Dec 31, 2023