Insight Enterprises Inc (NSIT)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 56.58 | 40.66 | 33.17 | 24.35 | 37.92 | |
| DOH | days | 6.45 | 8.98 | 11.00 | 14.99 | 9.62 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 56.58
= 6.45
Insight Enterprises Inc's days of inventory on hand (DOH) has shown fluctuations over the past five years. The company managed its inventory effectively by having 9.62 days worth of inventory on hand as of December 31, 2020. However, there was an increase in DOH to 14.99 days by December 31, 2021, indicating a potential slowdown in inventory turnover.
Subsequently, the company improved its inventory management as seen in the decrease in DOH to 11.00 days by December 31, 2022. By December 31, 2023, the DOH decreased further to 8.98 days, reflecting efficient inventory control.
The most recent data point as of December 31, 2024, shows a significant reduction in DOH to 6.45 days, suggesting that Insight Enterprises Inc has streamlined its inventory management processes and may be managing its inventory levels more optimally.
Overall, the trend in the company's DOH indicates varying levels of efficiency in managing inventory over the five-year period, with efforts to improve inventory turnover evident in recent years.
Peer comparison
Dec 31, 2024