Amedisys Inc (AMED)

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 — — — — — 34.06 42.35 33.07 49.98 41.31 33.38 61.14 91.83 61.67 93.25 72.76 100.75 67.27 84.21 74.68
DOH days — — — — — 10.71 8.62 11.04 7.30 8.84 10.93 5.97 3.97 5.92 3.91 5.02 3.62 5.43 4.33 4.89

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The days of inventory on hand (DOH) ratio for Amedisys Inc has shown some fluctuations over the periods provided. From March 31, 2020, to June 30, 2022, the DOH remained relatively stable, ranging between 3.62 days to 10.93 days. During this period, the company managed its inventory efficiently, maintaining a balance between stock levels and sales.

However, there was a significant increase in DOH from March 31, 2022, to June 30, 2023, where the ratio increased from 5.97 days to 8.62 days. This may indicate that Amedisys Inc held excess inventory or faced challenges in selling off existing stock during this period.

Subsequently, there was a further jump in DOH from June 30, 2023, to September 30, 2023, reaching 10.71 days. This increase suggests that the company may have experienced issues in managing its inventory efficiently, leading to a higher number of days required to sell off its inventory.

It's important to note that the data for the later periods, from December 31, 2023, onwards, shows "— days", indicating that inventory information might not have been available or properly reported for those periods.

Overall, monitoring the DOH ratio is crucial for Amedisys Inc to ensure optimal inventory management, avoid excess stock accumulation, and maintain a healthy balance between inventory levels and sales activity.