News Corp A (NWSA)
Days of inventory on hand (DOH)
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 14.75 | 13.50 | 14.11 | 16.21 | 15.72 | |
| DOH | days | 24.75 | 27.03 | 25.86 | 22.51 | 23.23 |
June 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 14.75
= 24.75
The Days of Inventory on Hand (DOH) for News Corp A has shown some fluctuations over the past five years. In particular, the DOH has ranged from 22.51 days to 27.03 days.
In Jun 30, 2024, the DOH decreased to 24.75 days from 27.03 days in Jun 30, 2023. This decrease indicates that the company is holding less inventory on hand compared to the prior year, which could suggest more efficient inventory management or possibly changes in demand dynamics.
It is worth noting that the DOH in Jun 30, 2024 is closer to the DOH of Jun 30, 2022 and Jun 30, 2020. This may indicate a return to historical inventory holding patterns for the company.
Overall, monitoring the trend in the Days of Inventory on Hand can provide insights into News Corp A's inventory management efficiency and potential changes in their operational practices.
Peer comparison
Jun 30, 2024