Cable One Inc (CABO)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 8.25 | — | 21.18 | 31.59 | |
| DOH | days | — | 44.24 | — | 17.23 | 11.55 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Cable One Inc have varied over the years. As of December 31, 2020, the company maintained its inventory for an average of 11.55 days before it was sold. By December 31, 2021, this figure increased to 17.23 days, indicating a potential slowing down in inventory turnover.
The data for December 31, 2022, and December 31, 2024, is not available as it is represented as "— days," suggesting a possible lack of specific inventory information for those periods. This lack of data may indicate fluctuations or changes in the reporting methods or industry practices during those years.
However, by December 31, 2023, the DOH increased significantly to 44.24 days, which may suggest either an accumulation of excess inventory or challenges in selling products efficiently. This extended DOH period could potentially impact working capital management and overall operational efficiency if not managed effectively.
In conclusion, Cable One Inc's DOH has shown fluctuations over the years, with a notable increase by December 31, 2023. It is essential for the company to monitor and analyze its inventory turnover to ensure optimal utilization of resources and maintain healthy financial performance.
Peer comparison
Dec 31, 2024