Thryv Holdings Inc (THRY)
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 | — | — | — | — | 9.82 | 9.57 | 13.22 | 10.16 | 16.82 | 14.68 | 12.75 | 9.75 | 18.20 | 12.17 | 10.61 | 10.58 | 14.72 | 13.01 | — | 13.30 | |
| DOH | days | — | — | — | — | 37.17 | 38.12 | 27.61 | 35.92 | 21.70 | 24.87 | 28.63 | 37.43 | 20.05 | 29.99 | 34.40 | 34.49 | 24.79 | 28.06 | — | 27.43 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) is a measure used to evaluate how efficiently a company manages its inventory levels. A lower DOH value typically indicates that inventory is being sold quickly, while a higher value suggests slower turnover or potentially excess inventory.
Analyzing Thryv Holdings Inc's DOH over the given periods reveals fluctuations in the management of inventory:
1. Thryv Holdings Inc's DOH ranged from 20.05 days to 38.12 days during the period from March 31, 2021, to September 30, 2023.
2. The lowest DOH was recorded on December 31, 2021, at 20.05 days, indicating efficient inventory management.
3. The highest DOH was observed on September 30, 2023, at 38.12 days, suggesting a slowdown in the turnover of inventory.
4. DOH values were not available for the periods ending June 30, 2020, and later, indicating potential gaps in data reporting or calculation.
Overall, Thryv Holdings Inc should aim to strike a balance in managing inventory levels effectively to avoid potential issues such as excess inventory or stockouts. Monitoring DOH regularly can help the company optimize its inventory management practices and improve overall operational efficiency.