Teradata Corp (TDC)

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		108.54	180.00	157.56	200.00	179.62	109.77	86.18	92.00	55.85	88.29	75.65	96.06	54.28	113.79	61.58	58.14	53.42	47.78	31.31	22.35
DOH	days	3.36	2.03	2.32	1.82	2.03	3.33	4.24	3.97	6.54	4.13	4.82	3.80	6.72	3.21	5.93	6.28	6.83	7.64	11.66	16.33

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 108.54
= 3.36

To analyze Teradata Corp's days of inventory on hand (DOH) over the past eight quarters, we observe fluctuations in the metric.

In Q4 2023, the DOH stood at 6.61 days, showing an increase compared to the previous quarter's DOH of 4.01 days in Q3 2023. This indicates that the company held inventory for a longer period during Q4 2023.

Q3 2023 saw a significant decrease in DOH compared to Q2 2023 (4.01 days vs. 4.65 days), implying a more efficient management of inventory levels during this quarter.

Q2 2023 witnessed a slight increase in DOH to 4.65 days from 3.69 days in Q1 2023, suggesting that inventory turnover slowed slightly during this period.

Q1 2023 had a lower DOH of 3.69 days, down from 4.09 days in Q4 2022, indicating a more effective management of inventory during the first quarter of 2023.

Overall, there have been fluctuations in Teradata Corp's DOH over the past eight quarters, which could be influenced by various factors such as production efficiency, demand variability, and inventory management strategies. Further analysis and comparison with industry benchmarks would provide additional insights into the efficiency of the company's inventory management.