Oracle Corporation (ORCL)

Days of inventory on hand (DOH)

		May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020	Feb 29, 2020	Nov 30, 2019	Aug 31, 2019
Inventory turnover		40.56	—	—	—	49.24	—	—	—	49.10	—	—	—	76.65	—	—	—	52.92	—	—	—
DOH	days	9.00	—	—	—	7.41	—	—	—	7.43	—	—	—	4.76	—	—	—	6.90	—	—	—

May 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 40.56
= 9.00

Days of Inventory on Hand (DOH) is a financial ratio that provides insight into how efficiently a company manages its inventory. It is calculated by dividing the average inventory by the cost of goods sold, then multiplying by the number of days in the period. A lower DOH value indicates that the company is selling its inventory quickly.

Based on the available data for Oracle Corporation, the DOH ratio fluctuates over the reported periods, ranging from 4.76 days to 9.00 days. The inconsistent reporting of data for various periods makes it challenging to identify a consistent trend in inventory management efficiency.

The DOH of 9.00 days as of May 31, 2024, suggests that Oracle is holding inventory for an average of 9 days before selling it. This could indicate either an increase in inventory levels or a decrease in sales during that period.

The previous recorded DOH figures show variability, with values such as 7.41 days on May 31, 2023, and 6.90 days on May 31, 2020. This suggests fluctuations in inventory management efficiency over time.

To gain a deeper understanding of Oracle's inventory management practices and trends, it would be beneficial to have consistent data for all periods examined to identify any patterns or changes in the company's inventory turnover efficiency.