CorVel Corp (CRVL)
Days of inventory on hand (DOH)
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | 50.54 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | 7.22 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for CorVel Corp fluctuated over the reporting periods provided. As of September 30, 2024, the company had 7.22 days of inventory on hand. DOH represents the average number of days a company holds its inventory before selling it. A lower DOH indicates that the company is selling its inventory quickly, which can be a positive sign of efficiency. However, without data for the previous periods or industry benchmarks, it is challenging to assess the significance of the 7.22 days DOH from September 30, 2024. Monitoring the trend of DOH over time and comparing it to industry averages can provide more insight into CorVel Corp's inventory management efficiency.