ServiceNow Inc (NOW)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		—	—	4.26	4.47	4.31
DOH	days	—	—	85.62	81.74	84.66

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The days of inventory on hand (DOH) for ServiceNow Inc has shown a slight fluctuation over the past few years. As of December 31, 2020, the company had 84.66 days of inventory on hand, which decreased to 81.74 days by December 31, 2021. However, the DOH increased to 85.62 days by December 31, 2022. The data for December 31, 2023, and December 31, 2024, is not available.

Overall, the trend in DOH indicates that the company has been managing its inventory levels efficiently, with a moderate decrease in 2021, followed by a slight increase in 2022. However, the lack of data for 2023 and 2024 limits a comprehensive analysis of the inventory management performance over these years.