Avis Budget Group Inc (CAR)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | 19.60 | — | — | — | — | 4.88 | 4.64 | 4.27 | 5.57 | 7.37 | 6.98 | — | 7.23 | 10.55 | 10.82 | 13.48 | 12.27 | |
| DOH | days | — | — | — | 18.62 | — | — | — | — | 74.78 | 78.68 | 85.50 | 65.59 | 49.55 | 52.32 | — | 50.48 | 34.59 | 33.72 | 27.08 | 29.74 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Avis Budget Group Inc have shown fluctuations over the period covered. The trend indicates some variability in how efficiently the company manages its inventory.
- In the first half of 2020, the DOH decreased from 29.74 days in March to 27.08 days in June, suggesting an improvement in inventory management efficiency.
- However, in the second half of 2020, the DOH increased to 34.59 days by December, indicating a potential buildup of inventory.
- The trend continued into 2021, with the DOH peaking at 65.59 days in March 2022, suggesting a significant increase in the time it took to sell inventory.
- Subsequently, there was a decrease in DOH to 18.62 days by March 2024, indicating a potential improvement in inventory turnover efficiency. However, there are missing data points in the latter part of the timeline, making it difficult to assess the recent trend accurately.
Overall, while there have been periods of both improvement and deterioration in inventory management efficiency, a sustained analysis could provide more insight into the company's inventory control strategies and any potential impacts on financial performance.
Peer comparison
Dec 31, 2024