Insight Enterprises Inc (NSIT)
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 | 56.58 | 47.03 | 50.22 | 44.33 | 40.66 | 42.28 | 32.50 | 31.84 | 33.17 | 24.17 | 23.45 | 21.91 | 24.35 | 28.78 | 34.06 | 27.97 | 37.92 | 44.51 | 33.14 | 29.50 | |
| DOH | days | 6.45 | 7.76 | 7.27 | 8.23 | 8.98 | 8.63 | 11.23 | 11.46 | 11.00 | 15.10 | 15.57 | 16.66 | 14.99 | 12.68 | 10.72 | 13.05 | 9.62 | 8.20 | 11.01 | 12.37 |
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 periods examined. The DOH represents the average number of days the company holds its inventory before selling it. A lower DOH indicates a more efficient inventory management system.
From March 31, 2020, to December 31, 2021, the DOH remained relatively stable, ranging from 8.20 days to 14.99 days. However, there was a notable increase in DOH to 16.66 days on March 31, 2022, which could signal potential issues with inventory management or slowing sales.
Subsequently, the DOH decreased gradually to 7.27 days on June 30, 2024, indicating an improvement in inventory turnover efficiency. The decreasing trend continued by the end of 2024, reaching its lowest point of 6.45 days on December 31, 2024.
Overall, Insight Enterprises Inc seems to have made adjustments in inventory management practices to improve efficiency, as evidenced by the declining trend in DOH from 2022 to 2024. However, it is essential for the company to monitor inventory levels closely to strike a balance between meeting demand and avoiding excess inventory holdings in the future.
Peer comparison
Dec 31, 2024