CH Robinson Worldwide Inc (CHRW)

Days of Inventory on Hand (DOH) is a crucial financial ratio that measures how efficiently a company manages its inventory. Unfortunately, the specific data for C.H. Robinson Worldwide, Inc. is not available in the table provided. However, by calculating the DOH using the formula:

DOH = (Average Inventory / Cost of Goods Sold) x Number of Days in Period

We can analyze how many days it takes for C.H. Robinson Worldwide, Inc. to sell its inventory. A lower DOH indicates that the company is efficiently managing its inventory and able to quickly convert it into sales, while a higher DOH could signify potential issues with overstocking or slow-moving inventory.

To provide a more in-depth analysis, it would be necessary to obtain the specific figures for Average Inventory and Cost of Goods Sold for each period mentioned in the table. These figures would allow for a more accurate calculation of the DOH and a better understanding of C.H. Robinson Worldwide, Inc.'s inventory management efficiency across the years.

Peer comparison

Dec 31, 2023