Choice Hotels International Inc (CHH)
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 | 9.20 | — | — | — | — | — | — | — | 7.92 | — | — | — | — | — | — | — | — | 10.02 | 9.81 | 9.11 | |
| DOH | days | 39.66 | — | — | — | — | — | — | — | 46.08 | — | — | — | — | — | — | — | — | 36.44 | 37.19 | 40.07 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 9.20
= 39.66
Choice Hotels International Inc's days of inventory on hand has fluctuated over the past few quarters. The DOH was 39.66 days as of December 31, 2023, indicating that, on average, the company held enough inventory to last approximately 39.66 days. However, there is missing data for the DOH in the previous quarters.
Comparing to historical data, the DOH was 46.08 days as of December 31, 2021, and has shown some variability since then. The trend suggests that the company may have experienced changes in inventory management efficiency or demand fluctuations.
Further analysis over time or benchmarking against industry averages would provide better context to assess Choice Hotels International Inc's inventory management performance.
Peer comparison
Dec 31, 2023