Viavi Solutions Inc (VIAV)

Days of inventory on hand (DOH)

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Inventory turnover		4.40	4.02	4.71	5.11	5.65
DOH	days	82.97	90.68	77.45	71.49	64.55

June 30, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.40
= 82.97

The days of inventory on hand (DOH) for Viavi Solutions Inc has shown variability over the past five years. The trend indicates an increase from 64.55 days in 2020 to 90.68 days in 2023, followed by a decrease to 82.97 days in 2024. This suggests potential fluctuations in inventory management efficiency within the company. A higher DOH value indicates a longer period it takes for the company to turn over its inventory into sales, which may tie up capital and lead to higher holding costs. Monitoring and optimizing the inventory turnover process could help Viavi Solutions Inc improve its operational efficiency and cash flow management.