Super Micro Computer Inc (SMCI)

Days of inventory on hand (DOH)

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Inventory turnover		3.14	2.97	4.04	3.49	3.84	2.88	2.84	2.50	2.58	2.77	2.90	3.18	3.39	3.59	3.30	3.19	3.91	4.12	4.48	3.78
DOH	days	116.39	122.79	90.34	104.60	94.99	126.58	128.33	146.00	141.32	131.61	125.69	114.88	107.63	101.73	110.48	114.44	93.33	88.51	81.41	96.63

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.14
= 116.39

Super Micro Computer Inc's Days of Inventory on Hand (DOH) measures the average number of days it takes for the company to sell its inventory. Looking at the historical trend, we observe fluctuations in DOH over the quarters. In Q2 2024, the DOH was 116.39 days, which decreased from 122.79 days in Q1 2024. This improvement may indicate more efficient inventory management or increased sales. Comparing the current DOH to the previous year, we see a decreasing trend from Q4 2022 to Q2 2024, suggesting a potential positive development in inventory turnover. However, it is essential to consider industry benchmarks and company-specific factors to fully assess the effectiveness of Super Micro Computer Inc's inventory management strategy.