Palo Alto Networks Inc (PANW)
Days of inventory on hand (DOH)
| 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 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | 15.45 | 14.76 | 15.44 | 15.17 | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | 23.62 | 24.73 | 23.64 | 24.06 | — | — | — | — | — | — | — | — | — | — | — | — | — |
July 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Palo Alto Networks Inc has shown some fluctuation over the past few quarters. The DOH was not available for some periods as indicated in the table. In the most recent quarter, ending on October 31, 2023, the company held inventory for approximately 23.62 days, which decreased from the previous quarter's 24.73 days. This indicates that the company was able to sell its inventory slightly faster in the most recent quarter. Overall, the trend in DOH seems relatively stable, with minor variations seen in recent quarters. The company's management should continue to monitor the DOH metric to ensure efficient inventory management practices.
Peer comparison
Jul 31, 2024
See also:
Palo Alto Networks Inc Average Inventory Processing Period (Quarterly Data)