Choice Hotels International Inc (CHH)
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 | — | — | — | — | 24.63 | — | — | — | — | — | — | — | 19.51 | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | — | 14.82 | — | — | — | — | — | — | — | 18.71 | — | — | — | — | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Choice Hotels International Inc's days of inventory on hand (DOH) is a financial ratio that measures the number of days a company holds its inventory before selling it. The data provided indicates that the DOH for Choice Hotels fluctuated over the years:
- As of December 31, 2021, the company had inventory on hand for approximately 18.71 days.
- By December 31, 2023, the DOH had decreased to 14.82 days.
It is important to note that there were no specific data available for the DOH for most of the periods mentioned, suggesting that inventory management may not be a significant focus for Choice Hotels International Inc or the data might not have been provided in the source.
The downward trend in DOH from 2021 to 2023 could indicate improved inventory management efficiency, as the company is holding inventory for fewer days before selling it. However, without data for the intervening periods, it is challenging to assess the consistency of this trend or to draw definitive conclusions about the company's inventory management practices.
Further analysis and comparison with industry benchmarks or historical performance would be necessary to provide a more comprehensive evaluation of Choice Hotels International Inc's inventory management efficiency.
Peer comparison
Dec 31, 2024