Cigna Corp (CI)

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		—	7.43	7.18	7.92	6.43	13.41	12.86	13.58	11.81	-17.61	-18.55	-19.96	-18.84	-20.26	-20.08	-21.40	-19.63	-22.85	-22.65	-23.76
DOH	days	—	49.13	50.81	46.07	56.78	27.22	28.39	26.87	30.90	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

Based on the provided data, Cigna Corp's days of inventory on hand (DOH) fluctuated over the years.

- The DOH was not available for the periods up to December 31, 2022.
- From March 31, 2023, to September 30, 2024, the DOH ranged between 26.87 days to 56.78 days, indicating some volatility in managing inventory levels.
- Notably, the DOH decreased from 56.78 days as of December 31, 2023, to 46.07 days as of March 31, 2024, but then increased to 50.81 days by June 30, 2024, and slightly decreased to 49.13 days by September 30, 2024.
- The DOH provides insights into how efficiently Cigna Corp manages its inventory. A lower DOH typically suggests efficient inventory management, whereas a higher DOH may indicate overstocking or slow sales turnover.
- Cigna Corp may benefit from analyzing the reasons behind the fluctuations in DOH to optimize its inventory management strategies and improve overall operational efficiency.