VeriSign Inc (VRSN)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | |
| DOH | days | — | — | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The absence of specific Days of Inventory on Hand (DOH) data for Verisign Inc. for the years 2019 to 2023 prevents a direct analysis of this metric's trend and its impact on the company's operations. Without the DOH figures for these years, it becomes challenging to evaluate the efficiency of Verisign's inventory management, particularly in terms of how quickly the company is able to convert its inventory into sales.
To provide a more insightful interpretation, it would be beneficial to have access to the DOH data for the relevant years. DOH is a crucial financial metric that measures the average number of days a company holds its inventory before selling it and is vital for assessing inventory management efficiency and potential cash flow issues related to excess inventory.
In the absence of the specific DOH values, it is recommended for stakeholders and investors to inquire about or access the actual data to perform a comprehensive analysis of Verisign Inc.'s inventory management and its impact on the company's overall financial health and operational efficiency.
Peer comparison
Dec 31, 2023