Okta Inc (OKTA)
Days of inventory on hand (DOH)
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | 5.53 | 5.63 | 5.86 | 5.93 | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | — | — | — | 65.96 | 64.89 | 62.27 | 61.50 | — | — | — | — | — | — | — | — | — | — |
April 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The analysis of Okta Inc.'s days of inventory on hand (DOH) reveals a consistent absence of data for the period from July 31, 2020, through October 31, 2022. During this timeframe, DOH is either not applicable or not reported, which suggests that inventory levels may be minimal or not a significant component of the company's operations, possibly due to the nature of the company's services or accounting treatment.
Starting from January 31, 2023, there is a recorded DOH value of approximately 61.50 days. This figure indicates that, as of early 2023, Okta held inventory for just over two months, reflecting the period it takes to turn over inventory assuming this metric applies to their operations. The DOH slightly increased to approximately 62.27 days by April 30, 2023, and continued a modest upward trend to approximately 64.89 days on July 31, 2023. By October 31, 2023, the DOH reached approximately 65.96 days.
The incremental increase over these periods suggests a gradual lengthening of the inventory turnover cycle. This pattern could imply that the company is holding onto inventory or related assets for slightly longer durations, potentially due to changes in operational practices, supply chain dynamics, or shift in customer demand. The steady rise over time may also reflect strategic adjustments or external factors influencing inventory management.
Overall, the data indicates that, since early 2023, Okta's inventory on hand is maintained for approximately 62 to 66 days, with a clear upward trend. The initial absence of data for the prior years limits comprehensive historical comparison, but the recent figures reflect a relatively stable yet gradually increasing inventory holding period, which could signal shifts in inventory management strategies or operational scales.
Peer comparison
Apr 30, 2025