Xerox Corp (XRX)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 2.73 | 2.80 | 2.80 | 2.88 | 3.10 | 2.69 | 2.52 | 2.27 | 2.55 | 2.57 | 2.59 | 2.70 | 2.85 | 2.67 | 2.65 | 2.54 | 2.74 | 2.38 | 2.61 | |
| DOH | days | 133.58 | 130.20 | 130.40 | 126.54 | 117.81 | 135.78 | 144.89 | 160.63 | 143.23 | 141.94 | 141.17 | 135.08 | 128.17 | 136.64 | 137.78 | 143.44 | 133.09 | 153.07 | 139.99 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.73
= 133.58
Xerox Corp's days of inventory on hand (DOH) has displayed fluctuations over the analyzed period. The trend shows a general range of around 120 to 160 days, indicating that Xerox manages its inventory levels comparatively well. However, some quarters show deviations from this range, which may warrant further investigation.
In June 2023, DOH spiked to 160.63 days, which could indicate issues with inventory management or sales slowdown. This elevated figure contrasts with the decreasing trend observed in the following quarters, where DOH gradually decreased until reaching 117.81 days by December 2023.
Overall, the trend in DOH suggests that Xerox has been able to effectively control its inventory levels to align with sales demands, although occasional spikes and dips could imply periodic challenges or adjustments within the company's supply chain or operations. Further analysis and comparison with industry benchmarks may provide deeper insights into Xerox Corp's inventory management performance.
Peer comparison
Dec 31, 2024