Cars.com Inc (CARS)

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		32.92	29.63	38.79	33.98	45.82	37.15	34.64	45.82	49.15	37.29	43.41	34.96	194.37	119.38	245.91	207.86	107.53	83.11	12.65	13.26
DOH	days	11.09	12.32	9.41	10.74	7.97	9.82	10.54	7.97	7.43	9.79	8.41	10.44	1.88	3.06	1.48	1.76	3.39	4.39	28.85	27.53

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 32.92
= 11.09

Based on the data provided for Cars.com, the days of inventory on hand (DOH) ratio for each quarter is not available. As a result, we are unable to conduct a detailed analysis of how long the company's inventory is held before being sold during the specified periods. It is important to note that the DOH ratio is a key metric in assessing a company's inventory management efficiency and liquidity. Without the specific values for each quarter, we are unable to evaluate the trend or fluctuations in the company's inventory turnover rate over time. Further information or historical data would be needed to provide a more insightful analysis of Cars.com's inventory management performance.