ANGI Homeservices Inc (ANGI)
Days of inventory on hand (DOH)
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | 7.84 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | 46.56 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The analysis indicates that ANGI Homeservices Inc. has not reported any days of inventory on hand (DOH) data for the fiscal periods from June 30, 2020 through March 31, 2024, suggesting either a lack of inventory or that inventory management is not a significant component of the company's operations during that timeframe. This consistent absence of inventory data points to a potential business model that is primarily service-oriented, where inventory is either minimal or not applicable.
However, as of June 30, 2024, the company reported a DOH of approximately 46.56 days, marking a notable change from the previous periods where no data was available. This indicates that, at this point, the company holds inventory sufficient to sustain operations for roughly one and a half months.
The emergence of this inventory figure suggests a strategic shift or operational change that warrants further investigation. It could reflect the introduction of new services, expansion into areas requiring physical inventory, or changes in supply chain practices. The rest of the periods’ lack of data hampers a comprehensive trend analysis, but the reported figure for June 2024 signifies a potential development in inventory management practices.
Overall, until the reporting of this recent DOH figure, ANGI Homeservices Inc. demonstrated minimal or no inventory holdings, consistent with a predominantly service-based business model. The recent data point suggests an evolution that may impact financial ratios and operational considerations moving forward.
Peer comparison
Mar 31, 2025