Cable One Inc (CABO)
Days of inventory on hand (DOH)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 13.05 | — | — | — | — | 137.44 | 28.63 | 26.32 | — | 28.43 | 28.35 | 22.45 | 39.30 | 29.01 | 32.32 | 24.53 | — | — | — | — | |
| DOH | days | 27.96 | — | — | — | — | 2.66 | 12.75 | 13.87 | — | 12.84 | 12.88 | 16.26 | 9.29 | 12.58 | 11.29 | 14.88 | — | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 13.05
= 27.96
Unfortunately, without specific data on inventory levels and cost of goods sold, it is not possible to calculate the days of inventory on hand (DOH) for Cable One Inc. DOH is a measure of how many days a company takes to sell its average inventory. It is calculated by dividing the average inventory by the cost of goods sold and then multiplying by the number of days in the period.
To provide a comprehensive analysis of this ratio, additional information such as average inventory levels and cost of goods sold for each quarter would be required. This would enable a more detailed assessment of the efficiency of Cable One Inc's inventory management and its impact on the company's overall performance.
Peer comparison
Dec 31, 2023