AMN Healthcare Services Inc (AMN)
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 | — | — | — | — | — | — | — | 55.46 | — | 82.73 | 60.26 | 44.80 | 26.29 | 56.20 | 52.09 | 44.81 | 41.24 | 50.84 | 48.34 | 43.12 | |
| DOH | days | — | — | — | — | — | — | — | 6.58 | — | 4.41 | 6.06 | 8.15 | 13.88 | 6.49 | 7.01 | 8.14 | 8.85 | 7.18 | 7.55 | 8.47 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) ratio for AMN Healthcare Services Inc has shown fluctuating trends over the period from March 31, 2020, to June 30, 2022. The company managed its inventory efficiently, with DOH decreasing from 8.47 days on March 31, 2020, to 6.06 days on June 30, 2022. This indicates that the company has been able to sell and replenish its inventory at a faster rate over this period.
However, there was a significant spike in the DOH ratio to 13.88 days on December 31, 2021, suggesting a potential issue with inventory management efficiency during that quarter. It is crucial for the company to monitor and address any factors contributing to an increase in DOH, as higher DOH values imply that the company is holding onto inventory for a longer period before it is sold.
As of September 30, 2022, the DOH ratio dropped to 4.41 days, indicating a positive improvement in inventory management efficiency, possibly through better forecasting or inventory control measures. This sharp decrease could be a result of strategic decisions made by the company to optimize inventory levels and improve working capital management.
For the periods beyond June 30, 2022, there is incomplete data available, with DOH values not provided for those quarters. This lack of data makes it difficult to assess the recent trends in inventory management for AMN Healthcare Services Inc. Going forward, continuous monitoring and assessment of the DOH ratio will be essential for the company to ensure efficient inventory utilization and timely adjustments to maintain optimal inventory levels.
Peer comparison
Dec 31, 2024