ASGN Inc (ASGN)

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 — — — — — — — — 80.49 205.31 — 166.75 — 255.65 7.58 128.49 109.65 255.44 168.19 127.63
DOH days — — — — — — — — 4.53 1.78 — 2.19 — 1.43 48.12 2.84 3.33 1.43 2.17 2.86

December 31, 2024 calculation

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

The days of inventory on hand (DOH) for ASGN Inc has shown fluctuations over the reporting periods. In the most recent available data, as of September 30, 2022, the company had 1.78 days of inventory on hand, indicating a relatively efficient management of inventory. This was a slight increase from the previous quarter end on June 30, 2022, where the DOH was not provided.

However, the DOH spiked significantly in the following quarter ending December 31, 2022, to 4.53 days, which suggests potential issues with inventory management or perhaps a buildup of excess inventory during that period.

It is worth noting that there are several missing values indicated by "— days" for various quarters in the data, which limits the ability to provide a complete trend analysis. In general, a lower DOH is preferred as it indicates quicker turnover of inventory, but fluctuations in DOH should be assessed in conjunction with other financial metrics and industry benchmarks to get a more comprehensive understanding of ASGN Inc's operational efficiency and inventory management practices.