Tyler Technologies Inc (TYL)

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		—	27.11	—	—	—	26.18	24.87	23.53	24.57	24.99	—	—	—	29.59	26.55	—	—	34.03	—	—
DOH	days	—	13.46	—	—	—	13.94	14.68	15.51	14.85	14.60	—	—	—	12.33	13.75	—	—	10.72	—	—

December 31, 2023 calculation

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

As the days of inventory on hand (DOH) data for Tyler Technologies, Inc. is not provided in the table, a meaningful analysis of this particular ratio cannot be conducted at this time. In order to evaluate Tyler Technologies' efficiency in managing its inventory levels, it would be essential to have the specific DOH figures for each quarter listed above.

Days of inventory on hand is a crucial ratio that measures how long, on average, a company holds its inventory before selling it. A higher DOH figure could indicate that Tyler Technologies is struggling to efficiently move its inventory and may be at risk of carrying excess or obsolete stock. Conversely, a lower DOH could suggest a more efficient inventory management strategy.

In the absence of specific DOH data, it is recommended to review this ratio in future financial reports to gain insights into Tyler Technologies' inventory management performance and potential impact on its overall financial health and operational efficiency.