Simulations Plus Inc (SLP)

Days of inventory on hand (DOH)

		Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
Inventory turnover		14.47	7.78	10.47	10.98	11.80
DOH	days	25.23	46.92	34.85	33.25	30.94

August 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 14.47
= 25.23

As the given data does not include specific values for the days of inventory on hand (DOH) for Simulations Plus Inc. over the indicated period, no meaningful analysis or interpretation can be made at this time. In order to conduct a comprehensive analysis of the DOH, specific numerical values for each year are required to facilitate a comparison and evaluation of the company's inventory management efficiency. Without this data, it is not possible to provide a detailed assessment of Simulations Plus Inc.'s DOH trend and its impact on the company's operations.