CorVel Corp (CRVL)
Days of inventory on hand (DOH)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
March 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
To analyze CorVel Corp's days of inventory on hand (DOH) over the specified periods, it's important to note that the DOH ratio indicates the average number of days it takes for a company to sell its inventory. A lower DOH is generally more favorable as it indicates faster inventory turnover and potentially less risk of obsolescence or excess inventory.
Unfortunately, without specific data points for the DOH ratio, we cannot provide a detailed analysis of CorVel Corp's inventory management efficiency over the specified periods. To derive meaningful insights, we would need the inventory levels and cost of goods sold figures for each period to calculate the DOH ratio.
I recommend obtaining the necessary data points to calculate the DOH ratio for each period and then analyzing any trends or fluctuations observed. This will help provide a clearer understanding of how efficiently CorVel Corp is managing its inventory over time.