Addus HomeCare Corporation (ADUS)
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 | — | — | — | — | — | — | — | 396.00 | — | — | — | — | — | — | 339.92 | — | — | — | — | — | |
DOH | days | — | — | — | — | — | — | — | 0.92 | — | — | — | — | — | — | 1.07 | — | — | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Based on the data provided, it appears that there is no specific information available for the days of inventory on hand (DOH) for Addus HomeCare Corporation across the mentioned quarters.
Without the actual numerical values for DOH in each quarter, it is challenging to conduct a detailed analysis of this metric. The DOH ratio is a crucial financial metric that indicates how many days a company takes to sell its inventory. A lower DOH typically signifies that the company is more efficient in managing its inventory levels and sales.
To provide a more thorough analysis of Addus HomeCare Corporation's inventory management efficiency and trends over time, it would be beneficial to have the actual DOH values for each quarter. This data would enable a deeper assessment of the company's inventory turnover, liquidity, and operational performance in terms of managing its inventory effectively.
Peer comparison
Dec 31, 2023