Avis Budget Group Inc (CAR)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		—	9.60	13.06	15.35	15.57
DOH	days	—	38.01	27.94	23.77	23.44

December 31, 2023 calculation

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

Based on the provided data, the days of inventory on hand (DOH) for Avis Budget Group Inc are not available for the years ending December 31, 2023, 2022, 2021, 2020, and 2019. The lack of specific figures for DOH in the financial statements means that a detailed analysis of inventory management efficiency and liquidity related to inventory turnover cannot be performed. It is important for Avis Budget Group Inc to provide more transparent and detailed information regarding inventory management in the future to enable a more thorough assessment of operational performance and efficiency in managing inventory levels.

Peer comparison

Dec 31, 2023

Company name

Symbol

DOH

Avis Budget Group Inc

CAR

—

Hertz Global Holdings Inc