ServiceNow Inc (NOW)

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	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Inventory turnover		4.17	4.36	4.30	4.19	4.26	—	—	—	4.46	4.69	4.55	4.41	4.31	4.53	4.52	4.55	4.55	4.76	4.67	4.60
DOH	days	87.59	83.63	84.90	87.14	85.62	—	—	—	81.80	77.82	80.31	82.75	84.66	80.54	80.72	80.14	80.26	76.67	78.12	79.33

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.17
= 87.59

As the table does not provide the specific days of inventory on hand (DOH) for ServiceNow Inc for the given periods, it is not possible to conduct a detailed analysis of this ratio. Without the DOH data, it is difficult to assess the efficiency of the company's inventory management and the rate at which the company is selling its inventory. In order to perform a comprehensive analysis of the DOH ratio, specific numerical data for each period should be utilized to calculate the average DOH and assess any trends or fluctuations over time.