VeriSign Inc (VRSN)

Days of inventory on hand (DOH)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Inventory turnover		—	—	—	—	—	—	—	—	—	3.63	—	3.89	—	3.39	3.40	3.90	—	4.05	3.83	4.64
DOH	days	—	—	—	—	—	—	—	—	—	100.44	—	93.86	—	107.80	107.38	93.50	—	90.13	95.33	78.64

December 31, 2024 calculation

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

The Days of Inventory on Hand (DOH) ratio for VeriSign Inc provides insight into how efficiently the company manages its inventory. A higher DOH value indicates that the company is taking longer to sell its inventory, which may imply slower inventory turnover or potential excess inventory levels.

From the available data, we observe fluctuations in VeriSign Inc's DOH ratio over the reported periods. The DOH values range from 78.64 days to 107.80 days, indicating varying inventory management efficiency during these periods.

Specifically, the company recorded a DOH of 78.64 days on March 31, 2020, which then increased to 107.80 days on September 30, 2021. This significant increase suggests a potential slowdown in inventory turnover or difficulties in managing inventory levels efficiently.

It is important for VeriSign Inc to monitor and optimize its inventory management practices to ensure that inventory levels are aligned with demand, thereby preventing excess inventory costs and potential obsolescence.

However, without data for some periods (e.g., December 31, 2020), it is challenging to provide a comprehensive trend analysis. VeriSign Inc should continue to track its DOH ratio over time and implement strategies to improve inventory management efficiency for long-term operational success.