Acadia Healthcare Company Inc (ACHC)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 365.51 | 327.46 | 313.47 | 281.90 | 508.30 | |
| DOH | days | 1.00 | 1.11 | 1.16 | 1.29 | 0.72 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 365.51
= 1.00
Based on the provided data, it appears that the days of inventory on hand (DOH) for Acadia Healthcare Company Inc are not available for the years 2019 through 2023. Without the specific values for the DOH ratio, it is challenging to assess the company's efficiency in managing its inventory levels during the respective periods. To perform a thorough analysis of Acadia Healthcare's inventory management effectiveness, it would be necessary to obtain the missing DOH data or additional information on inventory turnover ratios for these years. Tracking and understanding the changes in the DOH ratio over time can provide insights into the company's inventory control practices, including its ability to minimize excess inventory or stockouts, optimize procurement processes, and enhance overall operational efficiency.