CH Robinson Worldwide Inc (CHRW)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The data provided does not include specific figures for the days of inventory on hand (DOH) for C.H. Robinson Worldwide, Inc. throughout the quarters of 2022 and 2023. Therefore, without the actual numerical values, it is difficult to provide a detailed analysis of the company's DOH trend over the specified period. However, a more insightful analysis could be conducted if these missing data points were available for calculation and comparison.
Nonetheless, DOH is a significant liquidity ratio that measures the average number of days a company holds its inventory before it is sold. A lower DOH ratio generally indicates that the company is efficiently managing its inventory. In contrast, a higher DOH ratio may suggest slow-moving inventory or potential liquidity issues.
To better understand C.H. Robinson's inventory management efficiency and financial health, it is crucial to consider the DOH trend over time and compare it with industry averages and competitors' ratios. Further analysis incorporating this missing DOH data can provide a more thorough assessment of the company's operations and financial performance.
Peer comparison
Dec 31, 2023