Acadia Healthcare Company Inc (ACHC)
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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 222.31 | 326.55 | 300.28 | 279.48 | 269.69 | 228.08 | 294.23 | 293.65 | 293.62 | 297.93 | 287.89 | 286.98 | 278.84 | 304.08 | 313.56 | 347.00 | 357.77 | 367.61 | 392.53 | 379.56 | |
| DOH | days | 1.64 | 1.12 | 1.22 | 1.31 | 1.35 | 1.60 | 1.24 | 1.24 | 1.24 | 1.23 | 1.27 | 1.27 | 1.31 | 1.20 | 1.16 | 1.05 | 1.02 | 0.99 | 0.93 | 0.96 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 222.31
= 1.64
The days of inventory on hand (DOH) for Acadia Healthcare Company Inc has shown a fluctuating trend over the past few years based on the provided quarterly data. In March 2020, the company had only 0.96 days of inventory on hand, indicating efficient management of inventory. The DOH decreased slightly to 0.93 days by June 2020, indicating an improvement in managing inventory levels.
However, there was a gradual increase in DOH over the following quarters, reaching 1.31 days by December 2021. This increase may suggest a buildup of inventory or a slowdown in sales relative to inventory levels. The DOH remained relatively stable around 1.27 days for the next few quarters.
In September 2023, there was a significant spike in DOH to 1.60 days, which may signal potential issues in inventory management or sales slowdown impacting inventory turnover. The company managed to bring down the DOH to 1.22 days by June 2024, indicating potential efforts to optimize inventory levels.
Overall, Acadia Healthcare Company Inc's DOH shows variations in inventory management efficiency over the analyzed period, with fluctuations that may require monitoring and potential adjustments to enhance operational effectiveness and profitability.
Peer comparison
Dec 31, 2024