Community Healthcare Trust Inc (CHCT)
Days of inventory on hand (DOH)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Inventory turnover | 0.94 | — | — | 1.06 | 12.93 | |
DOH | days | 388.06 | — | — | 345.10 | 28.23 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 0.94
= 388.06
Based on the provided data, the days of inventory on hand (DOH) for Community Healthcare Trust Inc are not available for the years ending December 31, 2019 to December 31, 2023.
Without specific DOH values, it is challenging to assess the efficiency of Community Healthcare Trust Inc in managing its inventory levels and the liquidity of its inventory assets. The DOH ratio typically indicates how many days, on average, a company holds its inventory before selling it. A lower DOH value is generally favorable as it suggests faster inventory turnover and efficient inventory management.
To gain insight into Community Healthcare Trust Inc's inventory management practices and liquidity position, further information or data is required to calculate the DOH for the respective years. A trend analysis over multiple periods can provide valuable insights into the company's inventory management performance and its potential impact on overall operational efficiency.
Peer comparison
Dec 31, 2023