Acadia Healthcare Company Inc (ACHC)
Days of inventory on hand (DOH)
| 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 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 365.51 | 338.79 | 331.39 | 327.75 | 327.46 | 342.27 | 326.40 | 326.25 | 314.06 | 172.16 | 211.42 | 251.86 | 281.90 | 370.17 | 389.59 | 377.50 | 447.69 | 486.02 | 342.82 | 336.11 | |
| DOH | days | 1.00 | 1.08 | 1.10 | 1.11 | 1.11 | 1.07 | 1.12 | 1.12 | 1.16 | 2.12 | 1.73 | 1.45 | 1.29 | 0.99 | 0.94 | 0.97 | 0.82 | 0.75 | 1.06 | 1.09 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 365.51
= 1.00
Based on the provided data, it appears that details regarding Acadia Healthcare Company Inc's days of inventory on hand (DOH) are not available for analysis across the specified quarters. As a result, it is not possible to assess the efficiency of the company's inventory management and its ability to convert inventory into sales.
Without the DOH figures for the indicated periods, it is challenging to determine trends in inventory turnover, potential excess inventory levels, or any notable changes that could impact the company's financial performance. It would be beneficial to obtain the missing DOH information for a more comprehensive evaluation of Acadia Healthcare Company Inc's inventory management effectiveness.