PTC Inc (PTC)
Days of inventory on hand (DOH)
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | 10.66 | — | — | — | — | — | — | — | — | — | — | — | 13.79 | 14.52 | 13.58 | 14.83 | 14.21 | |
| DOH | days | — | — | — | 34.24 | — | — | — | — | — | — | — | — | — | — | — | 26.46 | 25.15 | 26.88 | 24.61 | 25.69 |
September 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for PTC Inc has shown variability over the past few quarters. In the most recent quarter, ending on September 30, 2024, the DOH data was not available. However, comparing to the previous quarters, the trend indicates that in December 2023, the company had an inventory level equivalent to 34.24 days of sales. This figure decreased to 26.46 days by September 2020 and then increased slightly to 25.15 days by June 2020. Throughout the previous quarters, the DOH has shown fluctuations within a relatively narrow range, suggesting that PTC Inc may be managing its inventory efficiently, although further analysis would be needed to understand the reasons behind these fluctuations.
Peer comparison
Sep 30, 2024