Workday Inc (WDAY)
Days of inventory on hand (DOH)
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | 14.74 | — | — | |
| DOH | days | — | — | 24.76 | — | — |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Workday Inc have shown variation over the years based on the provided data. As of January 31, 2023, the company had 24.76 days of inventory on hand, indicating that it takes approximately 24.76 days for the company to sell its inventory. However, for the other years (January 31, 2021, 2022, 2024, and 2025), the specific DOH figures are not available, denoted as "— days," making it difficult to assess the efficiency of inventory management during those periods. A lower DOH generally signifies efficient inventory management, while a higher DOH may suggest potential inventory management challenges like overstocking or slow-moving inventory. Workday Inc may benefit from monitoring and optimizing its inventory turnover to enhance operational efficiency and effectively manage working capital.
Peer comparison
Jan 31, 2025