ZoomInfo Technologies Inc (ZI)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 39.42 | — | — | 25.32 | |
| DOH | days | — | 9.26 | — | — | 14.42 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Based on the provided information on ZoomInfo Technologies Inc's days of inventory on hand (DOH), it is observed that the company's inventory turnover has fluctuated over the years.
As of December 31, 2020, ZoomInfo had 14.42 days' worth of inventory on hand, indicating that on average, the company took approximately 14.42 days to sell its inventory.
Unfortunately, there is missing data for December 31, 2021 and 2022, which hinders a complete trend analysis. However, as of December 31, 2023, the DOH decreased to 9.26 days, suggesting that the company improved its efficiency in managing inventory by reducing the number of days it took to sell its inventory.
The missing data for December 31, 2024 prevents a thorough current analysis. Nonetheless, the trend analysis indicates that ZoomInfo Technologies Inc made progress in inventory management by lowering its days of inventory on hand by the end of 2023. Further data for subsequent years would be necessary to assess the sustainability of this improvement.
Peer comparison
Dec 31, 2024