Okta Inc (OKTA)

The analysis of Okta Inc's days of inventory on hand (DOH) reveals that for the fiscal year ending January 31, 2023, the company reported a DOH of 61.50 days. This figure indicates the approximate number of days it takes for the company to sell its inventory, reflecting inventory management efficiency during that period.

In the prior years, specifically on January 31, 2021, and January 31, 2022, the DOH data is unavailable, marked as "— days," suggesting that either inventory metrics were not reported or the company held negligible or insignificant inventory levels during those years. Similarly, for the fiscal year ending January 31, 2024, the DOH remains unreported, implying a lack of additional inventory data for that period.

The presence of a specific DOH value only for 2023 indicates that inventory levels or related reporting metrics were either more significant or better documented during that year. The absence of data in other periods could reflect Okta's core business model, which primarily involves software and cloud services that typically do not require substantial physical inventories. As a result, the inventory turnover or related ratios may not be a central focus for the company's operational metrics.

Overall, the available data for January 2023 suggests a moderate DOH of 61.50 days, which may be considered typical for a technology-oriented services company with minimal physical inventory requirements. The lack of data for other periods limits a comprehensive trend analysis, but the information provided aligns with expectations for a software-as-a-service (SaaS) provider like Okta Inc.

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Jan 31, 2025