Amedisys Inc (AMED)
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 | — | 70.52 | 86.99 | 66.86 | 101.07 | 83.13 | 67.07 | 121.96 | 182.21 | 122.34 | 186.35 | 144.51 | 198.35 | 130.56 | 160.28 | 141.61 | 29.14 | 219.12 | 240.32 | 182.98 | |
| DOH | days | — | 5.18 | 4.20 | 5.46 | 3.61 | 4.39 | 5.44 | 2.99 | 2.00 | 2.98 | 1.96 | 2.53 | 1.84 | 2.80 | 2.28 | 2.58 | 12.52 | 1.67 | 1.52 | 1.99 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Due to the missing data for days of inventory on hand (DOH) for each quarter provided, a thorough analysis cannot be conducted solely based on the table. However, it is essential to note that DOH is a crucial ratio that measures the average number of days a company holds inventory before it is sold.
To offer a meaningful analysis and insights into Amedisys Inc.'s inventory management efficiency, it would be necessary to have access to the specific DOH figures for each quarter. By comparing the DOH trend over multiple periods, we could assess the company's ability to control and optimize its inventory levels efficiently.
It is recommended to obtain the complete and accurate DOH data for further evaluation, as this ratio plays a significant role in assessing a company's liquidity, operational efficiency, and inventory turnover. A lower DOH might indicate effective inventory management, while a higher DOH may suggest excess inventory or potential liquidity issues that could impact Amedisys Inc.'s financial performance.
Peer comparison
Dec 31, 2023