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.
Peer comparison
Dec 31, 2023
See also:
Super Micro Computer Inc Average Inventory Processing Period (Quarterly Data)