Booking Holdings Inc (BKNG)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		—	—	1.27	1.48	1.91
DOH	days	—	—	286.83	246.18	191.60

December 31, 2024 calculation

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

The days of inventory on hand (DOH) for Booking Holdings Inc has shown an increasing trend over the years, from 191.60 days as of December 31, 2020, to 246.18 days as of December 31, 2021, and further to 286.83 days as of December 31, 2022.

This trend indicates that Booking Holdings Inc is taking longer to sell its inventory, which could potentially lead to increased holding costs and excess inventory levels.

The absence of data for December 31, 2023, and December 31, 2024, suggests a lack of information or a shift in reporting practices.

Overall, the rising DOH trend warrants attention as it may impact the company's profitability and cash flow by tying up capital in inventory for extended periods.