Netflix Inc (NFLX)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | 47.02 | — | — | 48.21 | 41.07 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | 7.76 | — | — | 7.57 | 8.89 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Netflix Inc have shown fluctuations over the periods reported. As of September 30, 2023, the company had 8.89 days of inventory on hand, indicating that it takes approximately 8.89 days for Netflix to sell its entire inventory.
This figure decreased to 7.57 days as of December 31, 2023, suggesting an improvement in inventory management efficiency. By September 30, 2024, the DOH increased slightly to 7.76 days, indicating that Netflix had a slight increase in the number of days required to sell its inventory compared to the previous period.
It is important for the company to effectively manage its inventory levels to avoid overstocking or experiencing stockouts, which can impact its financial performance and operational efficiency. This metric can be analyzed further in conjunction with other operational and financial indicators to gain a comprehensive understanding of Netflix's inventory management practices.
See also:
Netflix Inc Average Inventory Processing Period (Quarterly Data)