VeriSign Inc (VRSN)

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 3.63 3.89 3.39 3.40 3.90 4.05 3.83 4.64 4.16
DOH days 100.44 93.86 107.80 107.38 93.50 90.13 95.33 78.64 87.66

December 31, 2023 calculation

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

Based on the data provided, it seems that the information regarding Verisign Inc.'s days of inventory on hand (DOH) is not available or provided in the table across the mentioned quarters of 2023 and 2022. Without specific values for the DOH ratio in each quarter, it is challenging to assess the efficiency of Verisign's inventory management during these periods.

In general, the DOH ratio is a measure of how many days, on average, a company holds its inventory before selling it. A lower DOH indicates that the company is selling its inventory quickly, which may imply efficient inventory management. On the other hand, a higher DOH could signify potential issues such as slow sales, excess inventory, or obsolete stock.

Without the actual DOH values for Verisign Inc., it is not possible to provide a detailed analysis of how the company's inventory management has evolved over the mentioned quarters. Further information or data points are necessary to evaluate the efficiency and effectiveness of Verisign's inventory management practices during these periods.


Peer comparison

Dec 31, 2023