Astrana Health Inc (ASTH)

Days of Inventory on Hand (DOH) is a key financial ratio that helps assess how efficiently a company manages its inventory. The DOH metric indicates the number of days it takes for a company to sell its average inventory balance.

Unfortunately, without specific values for each year provided in the table, it is not possible to calculate or analyze the trend of Astrana Health Inc's DOH over the past five years. However, in general terms, a lower DOH value is preferable, as it signifies that the company is able to turn over its inventory quickly and effectively, potentially indicating strong sales and inventory management practices.

A higher DOH, on the other hand, could indicate issues such as overstocking, slow-moving inventory, or ineffective inventory management strategies. Companies with a high DOH may face risks of obsolescence, storage costs, and tied-up capital.

Given the importance of managing inventory effectively to optimize working capital and profitability, it would be beneficial for Astrana Health Inc to closely monitor its DOH and take necessary actions to improve inventory turnover efficiency if the ratio is on the higher side. A declining trend in DOH over the years would suggest improvements in inventory management, contributing to the company's overall financial health and operational effectiveness.