NCR Voyix Corporation (VYX)
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 | 10.80 | 11.97 | 15.16 | 15.84 | 19.12 | 7.98 | 8.29 | 7.52 | 7.75 | 7.25 | 6.87 | 6.94 | 6.98 | 6.74 | 6.93 | 7.42 | 7.79 | 6.33 | 6.20 | 6.66 | |
| DOH | days | 33.79 | 30.49 | 24.08 | 23.05 | 19.09 | 45.73 | 44.03 | 48.54 | 47.07 | 50.37 | 53.14 | 52.58 | 52.29 | 54.15 | 52.67 | 49.16 | 46.84 | 57.67 | 58.88 | 54.81 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 10.80
= 33.79
The days of inventory on hand (DOH) for NCR Voyix Corporation have shown fluctuations over the period from March 31, 2020, to December 31, 2024.
Initially, the DOH was at 54.81 days on March 31, 2020, which increased to 58.88 days by June 30, 2020. However, the trend reversed slightly as the DOH decreased to 46.84 days by December 31, 2020.
Subsequently, there was some fluctuation in the DOH figure until September 30, 2021, where it was recorded at 54.15 days. From there, a slight decreasing trend was observed, with a low of 19.09 days on December 31, 2023.
The DOH metric increased again in the following quarters, reaching 33.79 days by December 31, 2024. This indicates that the company varied its inventory management strategies during this period.
Overall, a lower DOH figure suggests the company is more efficient in managing its inventory, whereas a higher DOH could imply inefficiencies or the need for better inventory management practices. It is essential for NCR Voyix Corporation to closely monitor its DOH to optimize inventory levels and enhance its operational efficiency.