CoreCivic Inc (CXW)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 13.20 | 15.61 | 1.11 | 10.25 | |
| DOH | days | — | 27.66 | 23.38 | 329.27 | 35.62 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Days of inventory on hand (DOH) is a financial ratio that measures how many days, on average, a company holds its inventory before selling it. However, without specific data for CoreCivic Inc's DOH in the years provided (2023, 2022, 2021, 2020, 2019), it is not possible to conduct a detailed analysis of this ratio over time.
It is crucial to have the DOH figures for these years to assess trends, perform benchmarking with industry standards, and evaluate the efficiency of CoreCivic Inc's inventory management practices. Without this data, a comprehensive analysis of DOH for CoreCivic Inc cannot be provided based on the information presented in the table.
To derive meaningful insights into CoreCivic Inc's inventory management performance, the specific DOH values for the respective years would be necessary for further interpretation and comparison.
Peer comparison
Dec 31, 2023