Concentra Group Holdings Parent, Inc. (CON)
Days of inventory on hand (DOH)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|
Inventory turnover | — | — | — | |
DOH | days | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Days of Inventory on Hand (DOH) is a financial ratio used to evaluate how efficiently a company is managing its inventory. Unfortunately, without the specific numerical values for Dec 31, 2023, Dec 31, 2022, and Dec 31, 2021, it is not possible to provide a detailed and comprehensive analysis of Concentra Group Holdings Parent, Inc.'s DOH.
In general, a decreasing trend in DOH over time is typically favorable as it indicates that the company is selling inventory more quickly or managing its inventory levels efficiently. On the other hand, an increasing trend in DOH could signal potential issues such as overstocking or slowing sales.
To conduct a thorough analysis and derive actionable insights, it is essential to have the actual numerical values for the days of inventory on hand for the specified periods. As such, further analysis is required to assess Concentra Group Holdings Parent, Inc.'s inventory management effectiveness and its impact on the company's overall operational and financial performance.
Peer comparison
Dec 31, 2023