Xerox Corp (XRX)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 2.73 | 3.11 | 2.55 | 2.84 | 2.65 | |
| DOH | days | 133.65 | 117.46 | 143.30 | 128.43 | 137.79 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.73
= 133.65
The days of inventory on hand (DOH) for Xerox Corp have shown some fluctuations over the past five years. As of December 31, 2020, the company held inventory for an average of 137.79 days, which decreased to 128.43 days by December 31, 2021. Subsequently, the DOH increased to 143.30 days by December 31, 2022, before dropping significantly to 117.46 days by December 31, 2023. Finally, by December 31, 2024, the DOH increased again to 133.65 days.
Overall, the trend in Xerox Corp's DOH indicates some variability in inventory management efficiency over the years, with fluctuations in how long the company holds inventory before selling it. It is essential for Xerox Corp to monitor and optimize its inventory levels to ensure a balance between meeting customer demand and managing costs effectively.
Peer comparison
Dec 31, 2024