ASGN Inc (ASGN)

Days of inventory on hand (DOH)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Inventory turnover — 13.68 80.49 69.59 109.65
DOH days — 26.68 4.53 5.25 3.33

December 31, 2024 calculation

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

The days of inventory on hand (DOH) for ASGN Inc has shown some fluctuations over the years. In December 2020, the company had a DOH of 3.33 days, indicating a relatively efficient inventory management process. However, by December 2023, the DOH had significantly increased to 26.68 days, suggesting a potential concern with inventory management efficiency during that period. It's important to note that in December 2024, there is a missing value for the DOH, which may indicate a change in reporting or data availability. Overall, monitoring and managing inventory levels effectively is crucial for maintaining optimal operational efficiency and financial performance in the long run.