Cross Country Healthcare Inc (CCRN)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		—	226.85	198.96	152.12	134.55
DOH	days	—	1.61	1.83	2.40	2.71

December 31, 2023 calculation

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

To analyze Cross Country Healthcares, Inc.'s days of inventory on hand (DOH), we would require the specific values for each year in order to compute the ratio. DOH is a measure that indicates the average number of days a company holds onto inventory before selling it. A lower DOH value typically signals efficient inventory management, while a higher value could suggest slower inventory turnover or potential obsolescence issues.

By comparing the trend of DOH over the past five years, we can assess whether Cross Country Healthcares, Inc. has been improving its inventory management efficiency or facing challenges in this area. A decreasing trend in DOH would indicate that the company is selling its inventory quicker, which could lead to better cash flow and profitability. Conversely, an increasing trend might point towards excess inventory levels or difficulties in selling goods promptly.

Without the specific data for each year, it is challenging to provide a detailed analysis of Cross Country Healthcares, Inc.'s DOH. However, by calculating and comparing the DOH values over the five-year period, we could gain valuable insights into the company's inventory management performance and potential areas for improvement.