Super Micro Computer Inc (SMCI)

Days of inventory on hand (DOH)

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Inventory turnover		2.98	4.04	2.84	2.90	3.30
DOH	days	122.34	90.34	128.33	125.69	110.48

June 30, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.98
= 122.34

The days of inventory on hand (DOH) for Super Micro Computer Inc have fluctuated over the past five years. As of June 30, 2020, the company had approximately 110.48 days of inventory on hand, which increased to 125.69 days by June 30, 2021. Subsequently, the DOH further rose to 128.33 days by June 30, 2022.

However, there was a notable decrease in DOH to 90.34 days by June 30, 2023, suggesting that the company managed its inventory more efficiently during that period. Nonetheless, the DOH increased again to 122.34 days by June 30, 2024, indicating a potential buildup in inventory levels.

Overall, the trend in Super Micro Computer Inc's days of inventory on hand reflects fluctuations in inventory management efficiency over the five-year period, with both increases and decreases observed. Further analysis would be beneficial to understand the factors driving these fluctuations and their impact on the company's operations and financial performance.