Pure Storage Inc (PSTG)
Days of inventory on hand (DOH)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 4, 2024 | Jan 31, 2024 | Nov 5, 2023 | Oct 31, 2023 | Aug 6, 2023 | Jul 31, 2023 | Apr 30, 2023 | Feb 5, 2023 | Jan 31, 2023 | Nov 6, 2022 | Oct 31, 2022 | Aug 7, 2022 | Jul 31, 2022 | May 8, 2022 | Apr 30, 2022 | Feb 6, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 22.32 | 29.62 | 27.66 | 36.69 | 35.27 | 33.84 | 30.83 | 23.57 | 30.89 | 25.58 | 29.04 | 30.68 | 27.29 | 23.05 | 22.34 | 25.92 | 27.23 | 35.18 | 27.95 | 34.80 | |
| DOH | days | 16.35 | 12.32 | 13.20 | 9.95 | 10.35 | 10.78 | 11.84 | 15.49 | 11.82 | 14.27 | 12.57 | 11.90 | 13.37 | 15.84 | 16.34 | 14.08 | 13.40 | 10.38 | 13.06 | 10.49 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 22.32
= 16.35
The days of inventory on hand (DOH) for Pure Storage Inc have shown fluctuations over the period analyzed. The trend indicates some variability in the management of inventory levels.
From February 6, 2022, to April 30, 2022, the DOH increased from 10.49 days to 13.06 days, reflecting a possible build-up of inventory. Subsequently, the DOH decreased to 10.38 days by May 8, 2022, indicating improved inventory management. However, the DOH rose again to 13.40 days by July 31, 2022, and continued to increase to 16.34 days by October 31, 2022, suggesting a possible inefficiency in managing inventory levels during this period.
The DOH decreased slightly to 15.84 days by November 6, 2022, and then continued to fluctuate within a range in the subsequent periods. The DOH declined to 10.78 days by January 31, 2023, but increased to 15.49 days by October 31, 2023, indicating inconsistent inventory management practices.
Overall, the DOH for Pure Storage Inc tended to vary from period to period, indicating the need for the company to focus on optimizing its inventory levels to ensure more stable and efficient operations.
Peer comparison
Jan 31, 2025