Tyler Technologies Inc (TYL)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | 24.57 | — | |
| DOH | days | — | — | — | 14.85 | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The Days of Inventory on Hand (DOH) ratio for Tyler Technologies Inc has shown a notable improvement from "— days" at December 31, 2020, to 14.85 days at December 31, 2021. This indicates that the company is managing its inventory more efficiently by reducing the number of days it takes to sell its inventory. However, the ratio is not available for the years 2022, 2023, and 2024, which makes it difficult to assess the consistency of this improvement over time. Further monitoring of the DOH ratio in upcoming periods will be necessary to assess the ongoing effectiveness of Tyler Technologies' inventory management practices.
Peer comparison
Dec 31, 2024