Seagate Technology PLC (STX)
Days of inventory on hand (DOH)
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 4.10 | 4.05 | 5.29 | 5.23 | 6.45 | |
| DOH | days | 89.13 | 90.18 | 68.97 | 69.73 | 56.60 |
June 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.10
= 89.13
The analysis of Seagate Technology PLC’s days of inventory on hand (DOH) over the specified period indicates a notable trend of increasing inventory holdings. As of June 30, 2021, the DOH was approximately 56.60 days, reflecting a relatively efficient inventory turnover at that time. By June 30, 2022, this figure had risen significantly to approximately 69.73 days, representing an increase of approximately 13.13 days or about 23%. The upward trend persisted into June 30, 2023, with DOH marginally increasing to roughly 68.97 days, indicating a slight stabilization after the jump observed in the previous year, but still maintaining elevated levels compared to 2021.
The most pronounced shift occurred between June 30, 2023, and June 30, 2024, when the DOH surged to approximately 90.18 days. This escalation of about 21.21 days, or approximately 30.7%, suggests a significant accumulation of inventory during this period. This trend may reflect strategic inventory buildup, supply chain adjustments, or changes in sales velocity.
Data for June 30, 2025, is unavailable, marked by a placeholder, which prevents further analysis beyond 2024. Overall, the trend indicates a substantial increase in inventory holding periods over the two-year span, which could impact working capital efficiency and overall liquidity unless matched by proportional sales increases. The escalation in DOH warrants further investigation into inventory management practices and market demand dynamics during these periods.
Peer comparison
Jun 30, 2025