Strategic Education Inc (STRA)

Days of inventory on hand (DOH)

Dec 31, 2024 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
Inventory turnover 159.67 279.83 99.97
DOH days 2.29 1.30 3.65

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The days of inventory on hand (DOH) for Strategic Education Inc show fluctuations over the reported periods. As of June 30, 2021, the company had 3.65 days of inventory on hand, indicating that it took approximately 3.65 days for the company to sell its inventory. This metric decreased significantly to 1.30 days as of September 30, 2021, suggesting that the company managed its inventory more efficiently during that period.

However, the days of inventory on hand for subsequent periods are not reported, showing as "— days" in the data provided. As of March 31, 2022, the DOH increased to 2.29 days, which could imply a slight slowdown in the rate of inventory turnover compared to the previous reported period.

The absence of data for the following periods limits a comprehensive analysis of the trend in inventory management. It would be beneficial for stakeholders and management to monitor and provide more consistent reporting of DOH to assess the efficiency of inventory management practices over time.