Airbnb Inc (ABNB)
Days of inventory on hand (DOH)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|
Inventory turnover | — | — | 78.30 | |
DOH | days | — | — | 4.66 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Based on the information provided, the days of inventory on hand (DOH) for Airbnb Inc over the past five years is not available in the table. The DOH ratio is typically calculated by dividing the average inventory by the cost of goods sold and then multiplying by the number of days in the period.
Without the specific DOH figures for each year, a comprehensive analysis of Airbnb Inc's inventory management efficiency over the past five years cannot be conducted. However, a lower DOH generally indicates that the company is managing its inventory effectively and turning over its inventory quickly, which is favorable for cash flow and profitability.
It is crucial for Airbnb Inc to monitor its inventory levels closely to ensure adequate stock availability while minimizing holding costs. A declining trend in DOH over the years would suggest improved inventory management practices, possibly indicating a more efficient supply chain and better forecasting strategies.
Moving forward, it would be beneficial for Airbnb Inc to provide the DOH figures for each year to allow for a more detailed analysis of its inventory turnover and efficiency in managing its inventory resources. This would enable stakeholders to better understand the company's operational effectiveness and financial performance in relation to its inventory management.
Peer comparison
Dec 31, 2023