Nextracker Inc. Class A Common Stock (NXT)
Days of inventory on hand (DOH)
| Mar 31, 2024 | Mar 31, 2023 | ||
|---|---|---|---|
| Inventory turnover | 8.36 | 11.70 | |
| DOH | days | 43.65 | 31.20 |
March 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.36
= 43.65
Peer comparison
Mar 31, 2024
Company name
Symbol
DOH
Nextracker Inc. Class A Common Stock
NXT
43.65
Garmin Ltd
GRMN
159.05
L3Harris Technologies Inc
LHX
29.18
Northrop Grumman Corporation
NOC
98.87
Teledyne Technologies Incorporated
TDY
70.96