NetScout Systems Inc (NTCT)

Days of inventory on hand (DOH)

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Inventory turnover		13.87	13.30	12.42	7.59	9.74
DOH	days	26.33	27.45	29.38	48.09	37.49

March 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 13.87
= 26.33

NetScout Systems Inc's days of inventory on hand (DOH) has shown a fluctuating trend over the years based on the data provided. As of March 31, 2021, the company had 37.49 days of inventory on hand, which increased to 48.09 days by March 31, 2022. However, in the subsequent years, there was a downward trend in the DOH, with the number decreasing to 29.38 days by March 31, 2023, further dropping to 27.45 days by March 31, 2024, and finally reaching 26.33 days by March 31, 2025.

The decreasing trend in DOH indicates that NetScout Systems Inc has been managing its inventory more efficiently over the years. A lower number of days of inventory on hand suggests that the company is selling its products more quickly, reducing the risk of obsolete inventory and potentially improving cash flow by minimizing tied-up capital in inventory. Overall, the declining trend in DOH reflects positively on the company's inventory management strategies and operational efficiency.